Equity Firm Agrees to Buy OverDrive - Publishers Weekly

That turkey sure was good.

After yesterday's big dinner Panzer was planning to spend today resting, but he was shaken awake by shouting coming from the Catosphere. Hopping in the Panzermobile, our brave kitty followed all the noise to the Publishers Weekly site. With no digging at all he found the post causing all the hullabaloo was about OverDrive's sale.

According to the post by Jim Milliot, it was announced on Christmas eve that OverDrive had been sold to equity firm KKR. OverDrive provides libraries with ebooks and audio books. This is the second sale of OverDrive in four years. Rakuten USA bought the company in 2015.

Panzer says, "Hmm ... Christmas Eve? Inquiring kitties want to know if they thought nobody would notice."

Note: This is a medium length post. Bring a cup of tea and a muffin for today's reading selection.

To read the post tootle over to OverDrive sold