Carlyle Group LP (CG) and KKR & Co. (KKR) are the leading bidders for privately held software company Reynolds & Reynolds, Reuters reported Monday, citing three people familiar with the matter.

According to the report, one person said the company may be sold for $4 billion to $5 billion.

Reuters reported in October that KKR was a possible buyer.

Full story at http://www.reuters.com/article/2012/12/24/reynoldsandreynolds-idUSL5E8NO02020121224

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