Reported 2 days ago
KKR has formally asked Fuji Soft to file a court injunction against Bain Capital for allegedly violating a non-disclosure agreement during their competing bids to acquire the software company, which are valued at up to $2 billion. The discord arises as Fuji Soft's board supports KKR’s lower offer while Bain insists on using sensitive information gathered in due diligence. The situation intensifies amid conflicting stances from Fuji Soft's founding family.
Source: YAHOO