Oct 20, 2009: Corinthian to Buy Heald College
Corinthian Colleges Inc. announced today that it would pay $395-million to acquire the parent company of Heald College, which operates an 11-campus system of regionally accredited institutions on the West Coast offering mostly two-year programs. The deal comes one day after the test-prep company Princeton Review announced that it was buying Penn Foster Group, a company that runs an online college and high school.
Read the full article at the Chronicle of Higher Education.
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