Faruqi & Faruqi, LLP Answers Questions Regarding the Acquisition of Archipelago Learning, Inc.

NEW YORK--(BUSINESS WIRE)--Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Archipelago Learning, Inc. (“Archipelago” or the “Company”) (NASDAQ: ARCL) for potential breaches of fiduciary duties in connection with their conduct related to the sale of the Company to PLATO Learning, a portfolio company of Thoma Bravo, LLC, in an all-cash deal valued at about $291 million. Under the terms of the proposed transaction, Archipelago stockholders will receive $11.10 in cash for each share of Archipelago common stock they own, while according to Yahoo! Finance, at least one financial analyst has set a price target of $12 for Archipelago.