September 27, 2021

Kaplan Sells it’s 38 campus to Education Corporation of America

education corp

Graham Holdings, the former parent company of The Washington Post, has agreed to sell 38 physical campus operations of its Kaplan education business to Education Corporation of America, a Birmingham, Ala.-based operator of private accredited colleges in the United States.

The deal, made public Thursday in a Securities and Exchange Commissionfiling, includes all Kaplan College campuses. The all-stock transaction would give Kaplan a preferred-equity interest in Education Corporation of America. Financial terms were not disclosed.

 

Link: http://www.washingtonpost.com/business/capitalbusiness/graham-holdings-to-sell-campuses-that-make-up-kaplan-college/2015/02/13/a767f566-b3a5-11e4-827f-93f454140e2b_story.html