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Tag: $1.1

Parent Company of University of Phoenix Acquired for $1.1 Billion

Posted: February 11, 2016 at 5:25 pm   /   Education

The for-profit education company that owns the University of Phoenix has agreed to be sold to a group of investors, including a private equity firm related to the Obama administration, for the sum of $ 1.1 billion. A number of state and federal investigations have been conducted in an effort to look further into allegations that […]

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