Broderbund Response to SoftKey Tender Offer for the Learning Company

Business Wire, Oct 30, 1995

NOVATO, Calif.--(BUSINESS WIRE)--Oct. 30, 1995--Broderbund Software, Inc. (NASDAQ: BROD) today issued the following statement in response to the announced tender offer to acquire The Learning Company by SoftKey International Inc.

"We continue to be excited about the strategic benefits of the proposed merger between Broderbund and The Learning Company," said Douglas Carlston, Chairman and Chief Executive Officer of Broderbund Software. "In particular, we believe our complementary product lines, our relative strengths in marketing, development and distribution, and our shared vision of future markets represent a tremendous opportunity for the combined company. Our proposed merger is in the best interest of the shareholders of both firms as well as their employees, customers and the industry as a whole."

CONTACT: Broderbund Software, Inc.

Eric Winkler, 415/382-4568 (PR)

Robin Lindstrom, 415/382-4449 (IR)