Tags: US | SkillSoft | Acquisition

SkillSoft Says Proxy Group in Favor of Buyout

Thursday, 25 Mar 2010 09:07 AM

SkillSoft PLC, an education software company that has agreed to be taken private, said a proxy advisory firm RiskMetrics Group is recommending that its clients vote in favor of the company's acquisition.

SkillSoft said in February it has agreed to be purchased by a private investor group, SSI Investments III Ltd., for about $1.1 billion.

SSI was formed by funds sponsored by Berkshire Partners LLC, Advent International Corp. and Bain Capital Partners LLC.

© Copyright 2017 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

1Like our page
2Share
Companies
SkillSoft PLC, an education software company that has agreed to be taken private, said a proxy advisory firm RiskMetrics Group is recommending that its clients vote in favor of the company's acquisition.SkillSoft said in February it has agreed to be purchased by a private...
US,SkillSoft,Acquisition
73
2010-07-25
 

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved