Thread: Kobo Prime Candidate..Nook
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Old 05-06-2013, 09:02 AM   #16
Nate the great
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Quote:
Originally Posted by taming View Post
But perhaps no reason to think it might be up for sale, I suppose, especially when the CEO (who founded the company) still owns over 40% of it.

It seems to me that the lack of a Kobo presence on Rakuten's websites is no reason to believe that Kobo might be up for sale. From my perspective, it appears to be a reflection of their business model. Things change, of course, and who knows what will happen in the future.
No one thinks Kobo is up for sale. We just think that the only support Kobo has at Rakuten is the current CEO. If he goes then Kobo might be sold off by his successor.
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