Quote:
Originally Posted by DuckieTigger
... So it is not even sure if and when the actual sale is happening and to whom. KKR may end up just being listed as the broker and not new owner?
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According to the
joint press-release put out by KKR and OverDrive, KKR signed a "definitive agreement to acquire OverDrive".
According to
MarketWatch, that sale is expected to close during first quarter 2020, at which time Rakuten expects to "recognize about $365.6 million in profit".