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BUSINESS
December 20, 1996 | Times Staff and Wire Reports
Broderbund Software Inc. said its fiscal first-quarter earnings were off 44%, as sales of its entertainment software fell 13% for the period ended Nov. 30. The company reported net income of $8.9 million, or 42 cents a share, down from $15.9 million, or 73 cents, for the year-ago quarter. Sales fell to $61.5 million from $71 million. The Novato-based company had been expected to report per-share earnings of 41 cents.
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BUSINESS
June 23, 1998 | From Bloomberg News
Learning Co., the No. 1 educational software maker, said Monday that it will buy rival Broderbund Software Inc. for $420 million in stock, giving it the best-selling fantasy game "Myst" and geography game "Where in the World Is Carmen Sandiego?" Learning Co., formerly SoftKey International, battled Novato, Calif.-based Broderbund in late 1995, when it trumped Broderbund's bid to buy the old Learning Co. SoftKey won the war and took the Learning Co. name in 1996.
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BUSINESS
June 23, 1998 | From Bloomberg News
Learning Co., the No. 1 educational software maker, said Monday that it will buy rival Broderbund Software Inc. for $420 million in stock, giving it the best-selling fantasy game "Myst" and geography game "Where in the World Is Carmen Sandiego?" Learning Co., formerly SoftKey International, battled Novato, Calif.-based Broderbund in late 1995, when it trumped Broderbund's bid to buy the old Learning Co. SoftKey won the war and took the Learning Co. name in 1996.
BUSINESS
June 3, 1998 | Bloomberg News
Broderbund Software Inc. shares rose 8% after a trade publication reported the struggling entertainment-software maker may be bought by Hasbro Inc. or another software company. Broderbund shares rose $1.25 to close at $16.75 on Nasdaq. On Monday, the stock closed at $15.50, its lowest price in more than five years, in a broad tech sell-off.
BUSINESS
February 17, 1994 | From Times Staff and Wire Reports
Broderbund Software Under SEC Investigation: The Novato, Calif.-based company is the target of an "informal inquiry" by the Securities and Exchange Commission for trading the day before it announced it was being acquired by Electronic Arts Inc., a company spokeswoman said. SEC officials declined to comment. Shares of the largest U.S. publisher of educational software rose about 22% in the three days of trading before acquisition plans were announced Feb.
BUSINESS
August 26, 1996
With thousands of titles out there, it can be a daunting experience to augment a collection of educational software with the confidence that you've made the right choices. If you consider these stellar titles first, you'll be certain to make at least a few picks that both you and your child will be happy with.
BUSINESS
June 3, 1998 | Bloomberg News
Broderbund Software Inc. shares rose 8% after a trade publication reported the struggling entertainment-software maker may be bought by Hasbro Inc. or another software company. Broderbund shares rose $1.25 to close at $16.75 on Nasdaq. On Monday, the stock closed at $15.50, its lowest price in more than five years, in a broad tech sell-off.
BUSINESS
December 5, 1995 | From Reuters
SoftKey International Inc. raised its hostile takeover bid Monday for computer software maker Learning Co. to about $606 million, topping a friendly offer by Broderbund Software Inc. by about 8%. SoftKey, which also raised the rhetoric in its battle with Broderbund, said it is offering to buy slightly more than 8.59 million shares of Learning Co. for $65 a share in cash and will swap its stock for any remaining Learning Co. shares.
BUSINESS
December 19, 1997 | Bloomberg News
Broderbund Software Inc. shares fell more than 15% after its latest earnings report raised concern that the software company is too reliant on its new Riven game. Broderbund shares fell $5.25 to close at $28.50 on Nasdaq. The company on Wednesday reported stronger-than-expected earnings, though most of the gains were from its Riven fantasy game. Sales of educational software fell 12%, making Riven sales more important to Broderbund's future, analysts said.
BUSINESS
March 6, 1997 | From Bloomberg News
Broderbund Software Inc. stock plunged 24% after the software maker said fiscal second-quarter earnings won't meet Wall Street estimates because it cut prices to stimulate sales. Shares of Broderbund fell 7 3/8 to 23 1/8, making it the seventh-biggest percentage decliner on U.S. markets. The maker of such software titles as "Where in the World is Carmen Sandiego" and "Myst" is suffering because it was forced to cut prices to try to keep up with aggressive competitors like Microsoft Corp.
ENTERTAINMENT
November 16, 1996 | DAVID COLKER, TIMES STAFF WRITER
The long-awaited follow-up to Myst, the biggest-selling entertainment software title of all time, won't be released for months, but the first images of the CD-ROM will make their official debut Monday at the giant Comdex trade show in Las Vegas.
BUSINESS
August 26, 1996
With thousands of titles out there, it can be a daunting experience to augment a collection of educational software with the confidence that you've made the right choices. If you consider these stellar titles first, you'll be certain to make at least a few picks that both you and your child will be happy with.
BUSINESS
December 5, 1995 | From Reuters
SoftKey International Inc. raised its hostile takeover bid Monday for computer software maker Learning Co. to about $606 million, topping a friendly offer by Broderbund Software Inc. by about 8%. SoftKey, which also raised the rhetoric in its battle with Broderbund, said it is offering to buy slightly more than 8.59 million shares of Learning Co. for $65 a share in cash and will swap its stock for any remaining Learning Co. shares.
BUSINESS
May 4, 1994 | AMY HARMON, TIMES STAFF WRITER
In the eeny-meeny-miny-mo game of collapsing media mergers, the Electronic Arts-Broderbund Software deal is today's "it." The two interactive software developers, based in San Mateo and Novato, respectively, had agreed in November to merge in a stock swap then valued at $400 million. But, as if playing copycat with their bigger media siblings, they called off the deal Tuesday, citing recent stock price declines and a disagreement over their relative worth.
BUSINESS
December 19, 1997 | Bloomberg News
Broderbund Software Inc. shares fell more than 15% after its latest earnings report raised concern that the software company is too reliant on its new Riven game. Broderbund shares fell $5.25 to close at $28.50 on Nasdaq. The company on Wednesday reported stronger-than-expected earnings, though most of the gains were from its Riven fantasy game. Sales of educational software fell 12%, making Riven sales more important to Broderbund's future, analysts said.
BUSINESS
February 10, 1994 | AMY HARMON, TIMES STAFF WRITER
In the biggest merger for the emerging home multimedia software industry, Electronic Arts said Wednesday that it will acquire Broderbund Software Inc. in a stock swap valued at about $400 million.
BUSINESS
February 17, 1994 | From Times Staff and Wire Reports
Broderbund Software Under SEC Investigation: The Novato, Calif.-based company is the target of an "informal inquiry" by the Securities and Exchange Commission for trading the day before it announced it was being acquired by Electronic Arts Inc., a company spokeswoman said. SEC officials declined to comment. Shares of the largest U.S. publisher of educational software rose about 22% in the three days of trading before acquisition plans were announced Feb.
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