Jostens Building Ramp to 'Information Highway'

A coalition of investors plans to purchase a large portion of Jostens Learning, a move that will bankroll the education-software company's efforts to merge on to the information highway.

Stan Sanderson, the president and chief executive officer of San Diego-based Jostens Learning, announced last week that a Boston-based investment group led by a company called Information Partners had agreed to buy 81 percent of Jostens Learning from its parent company.

Although details of the investment had not been completed, the investment group was expected to pay $50 million in cash plus a roughly equal amount in...