Roundup: Learning Tree, FBR Capital Markets, Gannett

From staff and wire reports

*Learning Tree International said it is soliciting offers to purchase the company.
Reston-based Learning Tree, which provides educational and training services for information technology professionals, said it is still considering operating as a stand-alone company or pursuing other strategic alternatives. The company said it will not release further information on a possible sale until an agreement is completed.

*FBR Capital Markets of Arlington named executive vice president James C. Neuhauser its head of investment banking. FBR Capital Markets said Neuhauser has been with the company for 15 years and that he was responsible for overseas expansion.
Neuhauser replaces Patrick J. Keeley, who the firm said left to "pursue other opportunities."

*Standard & Poor's dropped Gannett's credit rating dropped one level to "BBB+," citing the decline in the newspaper publisher's advertising revenue. BBB+ is the ratings company's third-lowest investment-grade level.

By Terri Rupar  |  May 28, 2008; 4:17 PM ET  | Category:  Roundup
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