[Michlib-l] Pending Sale of OverDrive

[Jim Flury]

Good Afternoon, 

A colleague at a TLN member library shared this article from PW with me while I was on vacation: [ https://urldefense.proofpoint.com/v2/url?u=https-3A__www.publishersweekly.com_pw_by-2Dtopic_industry-2Dnews_industry-2Ddeals_article_82066-2Dequity-2Dfirm-2Dagrees-2Dto-2Dbuy-2Doverdrive.html&d=DwMFaQ&c=euGZstcaTDllvimEN8b7jXrwqOf-v5A_CdpgnVfiiMM&r=VZwzE-ihmVk8MWnuOKeBhdzjlCVxa_pma10LdYu6QtI&m=I3GWj7IQo38e6r6DpSkXPp3-MF-I3zm1TFubBCVHxMc&s=Ub2T11oiCT8MeddMeeB85DAFkmZAYVo5jAvauC9PxoY&e= ] [ https://urldefense.proofpoint.com/v2/url?u=https-3A__www.publishersweekly.com_pw_by-2Dtopic_industry-2Dnews_industry-2Ddeals_article_82066-2Dequity-2Dfirm-2Dagrees-2Dto-2Dbuy-2Doverdrive.html&d=DwQFaQ&c=euGZstcaTDllvimEN8b7jXrwqOf-v5A_CdpgnVfiiMM&r=VZwzE-ihmVk8MWnuOKeBhdzjlCVxa_pma10LdYu6QtI&m=I3GWj7IQo38e6r6DpSkXPp3-MF-I3zm1TFubBCVHxMc&s=Ub2T11oiCT8MeddMeeB85DAFkmZAYVo5jAvauC9PxoY&e= | https://www.publishersweekly.com/pw/by-topic/industry-news/industry-deals/article/82066-equity-firm-agrees-to-buy-overdrive.html ] 

As the article notes, KKR is the same private equity firm that purchased RBmedia (Recorded Books) a couple of years ago. 

Jim 

Jim Flury 
Technical Services Manager 
The Library Network 
41365 Vincenti Court 
Novi, MI 48375 
248-536-3100, ext 133 
Fax 248-536-3098 
jflury at tln.lib.mi.us 

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