Multi

Multi, Inc. (NYSE: MTM) is an American venture capital and holding company run by Ellen Peck, formed in 2017 by the merger of ArgosyMTM Group and Stainton Enterprises. It currently owns ArgosyMTM Group, Stainton Enterprises, Yum! Brands, Keurig Dr Pepper, and Tegna. Multi is headquartered in the Home Plate Center in Seattle, Washington.

History
Multi was formed in 2017 by the merger of ArgosyMTM Group and Stainton Enterprises. The word "multi" comes from the Greek language and means "more than one", reflecting the fact that the company has became more than just the Argosy and MTM brands. Multi acquired Yum! Brands in 2018, Keurig Dr Pepper in 2019, and Tegna in 2022.

In 2020, Multi went public on the NYSE under the stock ticker MTM. Reportedly, the ticker was chosen over “AMG” (standing for ArgosyMTM Group) and “MULT” (standing for Multi); it officially represents MTM Enterprises, but has been jokingly said to stand for “Multi The Megacorporation”.

As of April 4, 2022, CEO Ellen Peck held 11.5% of Twitter stock, becoming the largest shareholder in the company, beating out Elon Musk who acquired 9.3% earlier that same day. It was initially rumoured that Musk and Peck would engage in a “hostile takeover war” to see who can eventually gain control of Twitter. However, both Musk and Peck were quickly appointed to the Twitter Board of Directors, preventing both from owning more than 15% of stock.

After Elon Musk dropped his deal to buy Twitter, ArgosyMTM Group made a deal to acquire Twitter outright.