22.08.2014 17:45:00

SumTotal Systems, Inc. -- Moody's comments on Skillsoft's proposed acquisition of SumTotal Systems

New York, August 22, 2014 -- Moody's Investors Service said that the B3 Corporate Family Rating, debt instrument ratings and stable outlook of Evergreen Skills Lux S.a r.l. ("Evergreen" -- the indirect parent company of Skillsoft Limited ("Skillsoft")) are not immediately impacted by the company's announcement on August 21, 2014 that its subsidiary Skillsoft Corporation has entered into a definitive agreement to acquire SumTotal Systems, Inc. (B2, Negative), a provider of personalized learning and human capital management software to organizations.

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