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Renaissance Learning sells unprofitable subsidiary

Renaissance Learning Inc., a provider of education products in Wisconsin Rapids, has sold Generation21 Learning Systems LLC to the subsidiary's president, John Stearns.

Generation21 lost $4.6 million before taxes on $2.6 million in sales in 2004. Renaissance Learning said it had looked for strategic alternatives over the past few years and decided th......

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Source:wistechnology.com By WTN News 03/02/05


Page: 1

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