The Christmas Eve timing of the announcement is curious — as if they wanted this news to fly under the radar.
from
BusinessWire:
Quote:
|
KKR, a leading global investment firm, today announced the signing of a definitive agreement to acquire OverDrive, Inc. (“OverDrive” or the “Company”), the leading digital reading platform for libraries and schools, from Rakuten USA ...
|
from
MarketWatch:
Quote:
|
The two sides did not provide a price tag for the Ohio-based property, which Rakuten purchased for $410 million in 2015 , but Rakuten said it would recognize about $365.6 million in profit from the sale
|