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Shareholders quiet but MYOB keeps gains from takeover news

Accounting software provider MYOB and its shareholders remain tight-lipped on what's next after Monday's takeover offer from KKR, but the company has managed to hold onto gains on the news.

Shareholders quiet but MYOB keeps gains from takeover news
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Shareholders quiet but MYOB keeps gains from takeover news

The accounting software provider told investors on Monday it had received a $2.2 billion takeover offer from private equity firm KKR and Co at a price of $3.70 a share - a premium of 24 per cent on the previous Friday's closing price.

Read the full article at the Sydney Morning Herald.

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