Renaissance Learning's (RLRN) board rebuffs Plato Learning's latest $496M buyout offer, saying...

|About: Renaissance Learning, Inc. (RLRN)|By:, SA News Editor

Renaissance Learning's (RLRN) board rebuffs Plato Learning's latest $496M buyout offer, saying it "could not reasonably be expected to lead to a superior proposal" over an earlier $455M bid from Permira Funds.