Ownership of OverDrive Transferred from Rakuten to KKR

Surprise Acquisition of OverDrive

Jason Griffey notes the timing of the announcement that global investment firm KKR had acquired digital reading platform, Overdrive.

Acquisitions announcements on Xmas eve seems like someone wanted to bury this one…. https://t.co/tiTyYaDQ27

— Jason Griffey (@griffey) December 25, 2019

The full text of the announcement may be found here.