[Reuters] Kobo sold to Japan's Rakuten for $315 million

Posted by: UGN Security

[Reuters] Kobo sold to Japan's Rakuten for $315 million - 11/08/11 06:05 PM

TORONTO (Reuters) - Japan's Rakuten Inc and spun off in late 2009. Indigo is still Kobo's majority shareholder and said it expects to get about $140 million to $150 million from the sale.