Tags: US | SkillSoft | Acquisition

SkillSoft Says Proxy Group in Favor of Buyout

Thursday, 25 March 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.

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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
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2010-07-25
Thursday, 25 March 2010 09:07 AM
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