SaaS leader mdf Commerce receives shareholder approval for a "going-private" deal with KKR at $5.80 per share.

SaaS leader mdf Commerce gains shareholder approval for a "going-private" deal with KKR, a global investment firm. KKR's affiliate 9511-1357 Québec Inc. will acquire mdf's outstanding common shares for $5.80 per share, pending final court and exchange approval. Upon completion, KKR plans to delist mdf shares and cause the company to cease reporting obligations under applicable securities laws.