Tags: US | SkillSoft | Acquisition

SkillSoft Says Proxy Group in Favor of Buyout

Thursday, 25 March 2010 09:07 AM EDT

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 2026 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


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
Thursday, 25 March 2010 09:07 AM
Newsmax Media, Inc.

Sign up for Newsmax’s Daily Newsletter

Receive breaking news and original analysis - sent right to your inbox.

(Optional for Local News)
Privacy: We never share your email address.
Join the Newsmax Community
Read and Post Comments
Please review Community Guidelines before posting a comment.
 
Get Newsmax Text Alerts
TOP

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