Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more. MYOB has said that an activist investor will support KKR & Co’s bid for the accounting software maker, an about-turn after campaigning for a higher price and coming less than two weeks since raising its stake. The decision by Manikay Partners, the Australian firm's second-biggest shareholder, clears a significant hurdle for the marked-down $1.6 billion buyout offer, from which the U.S. private equity firm refused to budge.