Deals
Kik Interactive Said to Explore Sale or Corporate Investment
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Kik Interactive Inc., which makes a messaging application popular with young teens, is exploring a sale, people with knowledge of the matter said.
The company hired Qatalyst Partners to set up conversations with potential acquirers or corporate investors in Silicon Valley and Asia, said the people, who asked not to be identified because the process is private. Kik, based in Waterloo, Ontario, hasn’t yet found an attractive deal, the people said.