SkillSoft Agrees to $1.1B Buyout

2/16/10

SkillSoft (NASDAQ:SKIL), a provider of educational and performance-support software with U.S. headquarters in Nashua, NH, has agreed to be acquired by a syndicate of private equity firms for $10.80 per share or a total of about $1.1 billion, according to a press release. The private equity buyers include Advent International, Bain Capital, and Berkshire Partners, all of which have offices in Boston, according to their websites. SkillSoft, which has its global headquarters in Dublin, Ireland, said the deal is subject to shareholder approval and other customary closing conditions.

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