KKR (KKR) and Bain (BCSF) have entered into a fight over a $4B Japanese software company called Fuji Soft, David Keohane and Leo Lewis of The Financial Times reports. The battle entered a new phase when Fuji Soft’s board decided to maintain its backing for KKR’s long-standing bid of $59 a share but refused to outright reject Bain’s more recent offer and the 7 per cent extra it put on the table.
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