October 14, 2011
A Wisconsin federal judge on Friday denied a Renaissance Learning Inc. investor's request for a temporary injunction blocking European private equity giant Permira Funds' $455 million acquisition of the education technology company in a class action claiming investors were shortchanged in the deal.
October 11, 2011
Renaissance Learning Inc. rejected Plato Learning Inc.'s $496 million buyout offer Tuesday, telling investors that Terrance and Judith Paul, Renaissance Learning's majority shareholders, support a $455 million bid by European private equity giant Permira Funds.
October 07, 2011
A Renaissance Learning Inc. investor filed a class action in Wisconsin on Friday claiming the education technology company's top brass shortchanged shareholders by agreeing to European private equity giant Permira Funds' $455 million acquisition offer.