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Transactions

Sep. 18, 2001

Dewey Ballantine: IRISH SOFTWARE COMPANY PURCHASES GORES' ASSETS

Riverdeep Group is acquiring the education assets of The Learning Co. from Los Angeles' Gores Technology Group for $60 million. Riverdeep is paying $40 million in stock and is assuming $20 million in intercompany debt.

        Riverdeep Group is acquiring the education assets of The Learning Co. from Los Angeles' Gores Technology Group for $60 million. Riverdeep is paying $40 million in stock and is assuming $20 million in intercompany debt.
        Dublin, Ireland's Riverdeep produces educational software and online applications for the kindergarten through 12th-grade market. The company will gain control ...

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