Learning Co. to buy Broderbund in stock deal valued at $416 million

Article Abstract:

Learning Co., agreed to purchase rival Broderbund Software Inc. under an estimated $416 million stock deal pending shareholder and regulatory approval. The sale calls for Learning to issue 0.8 shares of its common stock for some 20.9 million fully diluted outstanding Broderbund shares. The purchase will make the software maker the leader in the $500 million educational programs retail market with a nearly 40% share. The deal, Learning's latest in a string of software industry acquisitions, will also cement its productivity software market share that involves encyclopedia programs.

Comment:

Will buy rival Broderbund Software under an estimated $416 million stock deal pending shareholder and regulatory approval

Author: Auerbach, Jon G.
Broderbund Software Inc., Article

User Contributions:

Comment about this article or add new information about this topic:

CAPTCHA


Toy giant Mattel to buy Learning Co

Article Abstract:

Educational software company the Learning Co. will be acquired by El Segundo, Calif.-based Mattel Inc. for $3.8 billion in stock. Industry analysts, noting that Mattel has suffered from problems at its subsidiary Toys "R" Us, have said that the acquisition signals Mattel's intention to present itself as a diversified children's products firm rather than simply a manufacturer of toys.

Author: Auerbach, Jon G., Kravetz, Stacy
Prepackaged software, Games, Toys & Children's Vehicles, Game, Toy, and Children's Vehicle Manufacturing, Games, toys, and children's vehicles, Computer software industry, Software industry, Mergers, acquisitions and divestments, Toy industry, Mattel Inc., MAT, TLC

User Contributions:

Comment about this article or add new information about this topic:

CAPTCHA


Racing to build a better switch

Article Abstract:

Sycamore Networks needs special lasers and long hours from its employees to ensure that it introduces its fiber optic switch before other rival companies.

Author: Auerbach, Jon G.
Telephone and telegraph apparatus, Telephone Apparatus Manufacturing, Product development, Data Message Switching Eqp, Statistical Data Included, Computer network equipment industry, Network hardware industry, Computer networking equipment, Sycamore Networks Inc.

User Contributions:

Comment about this article or add new information about this topic:

CAPTCHA


Subjects list: United States, Software, Learning Company Inc.
This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.