Australia's MYOB recommends KKR's marked-down $1 billion buyout offer, shares rise

Australian accounting software maker MYOB Group Ltd said it would back a marked-down A$1.6 billion ($1 billion) buyout offer from private-equity giant KKR & Co in a bid to navigate a broader market turmoil, sending its shares higher.

from Reuters: Money News https://reut.rs/2SjjXlo