ProQuest to Acquire bigchalk

Dec 13, 2002

ProQuest Company, a provider of value-added information and content to the library/education, and automotive/powersports industries, has signed a letter of intent to acquire, inc. ProQuest has received clearance from the U.S. Federal Trade Commission to conclude the transaction. The acquisition is subject to bigchalk shareholder and Board of Directors approval. The acquisition is also subject to an execution of a definitive agreement and various closing conditions. Terms of the acquisition were not yet disclosed. bigchalk develops and markets products and services for research, curriculum integration, and professional development for the kindergarten through twelfth grade educational community.

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