| Notes |
https://globenewswire.com/news-release/2010/06/10/422895/193977/en/Archipelago-Learning-Acquires-Educationcity-Ltd.html
Archipelago Learning, Inc. (Nasdaq:ARCL), a leading subscription-based online education company whose core product, Study Island, provides standards-based instruction, practice, assessments and productivity tools to improve the performance of educators and students, today announced that it has acquired privately-held UK based Educationcity Ltd, a leading developer and publisher of EducationCity.com, an online K-12 educational content and assessment program, for approximately $87 million in cash and Archipelago Learning's common stock. The transaction was approved by Archipelago Learning's Board of Directors and closed on June 9, 2010. |