Kik Messaging App for Teens Explores Sale, Investments

Bloomberg: Kik Interactive, which makes a messaging app 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,. Kik, based in Waterloo, Ontario, hasn’t yet found an attractive deal, the people said.