Apollo Education Group, the publicly-traded owner of the University of Phoenix, has agreed to be taken private by a group of investors in a $1.1. billion deal.The agreement arrives weeks after the company reported a decline in revenue and another round of layoffs at the for-profit college. Phoenix, like other for-profit schools, has been battered by poor enrollment, government investigations and heightened federal regulation.Read full article >>
University Of Phoenix Parent Company To Go Private
Danielle Douglas-Gabriel, Washington Post: Business
Mon, 02/08/2016 - 8:44am
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