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Heard: Buyout Battle For Education Software Company Renaissance Learning Now at $455 million | Reuters


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Renaissance Learning, which makes education software for schools, said Plato Learning’s offer of $455.1 million, or $15.50 a share, would be financed with $128 million equity and $410 million in debt.

In August, Plato made an unsolicited bid for Renaissance — 4 percent about Permira’s $14.85-a-share offer.

via UPDATE 1-Plato makes definitive buyout offer for Renaissance | Reuters.

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