April 3 (Reuters) - Australia's MYOB Group (MYO) said on Wednesday that one of its top shareholders pledged to vote in favour of private-equity company KKR & Co's KKR.N takeover bid for the accounting software maker.
Manikay Partners, which is MYOB's second biggest shareholder with a 16 percent stake according to Refinitiv data, said in a letter to MYOB it was disappointed with MYOB's decision to continue to recommend KKR's marked-down A$3.40 ($2.41) per share bid despite improving market conditions.
The letter, which was disclosed in a statement by MYOB, also said Manikay Partners felt it is "better served" allocating its capital elsewhere. ($1 = 1.4092 Australian dollars)
