The Deal Reports on RDG Capital’s Expression of Interest in Acquiring Rosetta Stone

The Deal (subscription required) reported that Olshan client RDG Capital Fund Management has submitted a formal expression of interest for the acquisition of Rosetta Stone. The maker of language-learning software has recently been under pressure from a number of its shareholders to explore a formal sales process and evaluate potential acquisition inquires or otherwise implement changes to its corporate strategy. Steve Wolosky and Michael Neidell represent RDG Capital in connection with its investment in Rosetta Stone.