Kirkland Helps Thoma Bravo, Plato In $291M Software Deal
Plato Learning will pay $11.10 per Archipelago Learning share in cash, about 23 percent more than the stock's March 2 per- share closing price of $9.04. Plato Learning has secured financing commitments for the deal from Credit Suisse and Jefferies Finance LLC, it said.
The target's board of directors unanimously approved the deal. The acquisition is subject to regulatory and Archipelago...
To view the full article, register now.