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TECHNOLOGY - Nov. 7, 1995

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<i> Times Staff and Wire Reports</i>

Learning Co. Delays Vote on Broderbund Bid: Learning Co., facing a hostile bid from Cambridge, Mass.-based SoftKey International Inc., postponed a shareholder vote planned for Thursday on its proposed acquisition by Broderbund Software Inc. of Novato, Calif. The postponement comes after SoftKey last week made a tender offer of about $606 million in cash and stock for Fremont, Calif.-based Learning Co. Broderbund’s offer, made in August, is valued at about $521 million, based on Broderbund’s closing stock price Friday. Educational software maker Learning Co. postponed the special shareholders meeting after SoftKey sought a temporary restraining order from the Delaware Chancery Court. A hearing on the order, scheduled for Wednesday, may now be canceled.

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