December 9, 2009 (FinancialWire) — Cambium Learning Group, Inc. (NASDAQ: ABCD) said it has completed the merger of Cambium Learning, Inc., a company serving the needs of at-risk and special student populations, and Voyager Learning Co. (OTC: VLCY), a provider of educational solutions.

According to Cambium, the business combination creates a provider of intervention curricula, educational technologies and services for the Pre-K through 12th grade market in the United States.

The merger was effected through a newly formed company, Cambium Learning Group, Inc., which acquired both businesses and issued shares in the combined company to the stockholders of Voyager Learning company and Cambium Learning, Inc. The transaction was approved by Voyager Learning stockholders.

Dallas, Texas-based Cambium Learning Group is majority owned by Veronis Suhler Stevenson, a private equity investor in the information, education and media industries.

Veronis Suhler Stevenson is a private equity and mezzanine capital fund management company focused on investing in the information, education and media industries in North America and Europe.

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