Comment on Feds OK sale of University of Phoenix parent, if terms met

Feds OK sale of University of Phoenix parent, if terms met

The federal government says it will allow one of the nation's largest for-profit college companies to be sold if the new owners put up $385 million as insurance and agree not to increase enrollment, among other requirements. Apollo Education Group owns the University of Phoenix and agreed in February to be purchased by a consortium of investors for $1.1 billion.Read more on NewsOK.com

 

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