MYOB shareholders have voted in sufficient numbers for the scheme of arrangement that would see US-based equity firm KKR take full ownership of the accounting software company.
Accounting software provider MYOB has failed to come up with a better deal than that proposed by US-based equity firm KKR last year.
American equity firm Kohlberg Kravis Roberts has made an offer to buy the shares it does not already own in online business management solutions company MYOB at $3.70 per share, MYOB has said in an announcement to the ASX on Monday.
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