Learning Tree International, Inc. LTRE (“Learning Tree”) today
announced that the Special Committee of the Board of Directors of Learning
Tree (the “Special Committee”) has retained Robert W. Baird & Co. Incorporated
as its independent financial advisor.
As previously announced, Learning Tree has received from David C. Collins, the
Chairman of the Board and Chief Executive Officer of Learning Tree, and his
wife, Mary C. Collins, a proposal to acquire all of the outstanding shares of
Learning Tree that they and their affiliates do not already own, as well as
additional indications of interest regarding an acquisition of Learning Tree.
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