

We added FORK as a potential deal to the Deals in the Works section on June 22, 2020, and the price after the news of the potential deal came out was $2.17.

Rosetta had been trading around $16 prior to that report.
Rosetta stone totale v4.1.15 software#
John Hass, chairman and chief executive officer of Rosetta Stone, said, "This transaction represents the next step on a path that, over the past several years, has transformed our language business and built a previously small K-12 software business into a growing leader in education technology." This deal values Rosetta at $30, at a premium of about 87.5% to Rosetta Stone’s unaffected closing price on July 16, 2020, when Bloomberg reported that the company was exploring a potential sale.

The acquisition of Rosetta Stone ( RST) by Cambium Learning Group comes at a time when the entire world is moving towards digital learning. We had been tracking two of the four new deals announced last week in our "Deals in the Works" table before they were announced. M&A activity continues to pick up pace as we come close to the end of the third quarter. Merger activity increased last week with four new deals announced and two deals completed.
