UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): January 2, 2008

SkillSoft Public Limited Company

(Exact Name of Registrant as Specified in Charter)

Republic of Ireland		0-25674		None
(State or Other Juris- diction of Incorporation		(Commission File Number)		(IRS Employer Identification No.)

107 Northeastern Boulevard Nashua, New Hampshire		03062
(Address of Principal Executive Offices)		(Zip Code)

Registrant’s telephone number, including area code: (603) 324-3000

(Former Name or Former Address, if Changed Since Last Report)

     Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

¨		Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨		Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨		Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨		Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

Item 8.01. Other Events

     On January 2, 2008, SkillSoft Public Limited Company and its subsidiary, SkillSoft Corporation (collectively, the “Company”), reached agreement on the final purchase price adjustments related to its May 14, 2007 acquisition of Thomson Learning’s NETg business from Thomson Learning, Inc. and affiliated entities, pursuant to a Stock and Asset Purchase Agreement dated October 25, 2006. As a result of the agreement reached on January 2, 2008, the May 14, 2007 closing purchase price of approximately $270 million has been reduced by $15 million, resulting in a final purchase price of approximately $255 million.

SIGNATURE

     Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.