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Going public > PowerSchool Holdings, Inc., a provider of cloud-based software for K-12 education in North America, announced an initial public offering of 39,473,685 shares of Class A common stock at a price to the public of $18.00 per share in late July. The shares of Class A common stock began trading on the New York Stock Exchange in late July. Power School has a location in Roanoke, where it bought out locally based Interactive Achievement several years ago. PowerSchool says it “connects students, teachers, administrators, and parents, with the shared goal of improving student outcomes.” They claim to support over 45 million students and 12,000+ customers in the U.S. and Canada. Emily Field
The Old Man and the News > Friends of Dan Smith celebrated his 75th birthday on July 31; including three other old men from the timeline of our regional business journal, now running in its 33rd year. Left to right: Tom Field, Blue Ridge Business Journal general manager and Valley Business FRONT owner-publisher; Dan Smith, BRBJ editor (1988–2008) and FRONT founding editor, Virginia Communications Hall of Fame winner, and current freelance writer; Gene Marrano, BRBJ writer, local news correspondent, and current FRONT editor; John Montgomery, BRBJ general manager and Play-by-Play sports journal publisher. Toasts and roasts were shared, as well as gratitude from various writers who Dan encouraged and supported over his professional legacy.
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