Laureate Preparing for IPO
March 30, 2012 - 4:27am
Laureate Education Inc., a major player in for-profit higher education, is preparing an initial public offering, Reuters reported. The past year has been a tough one for many for-profit entities, but Laureate's international emphasis (half of its revenues come from Brazil, Chile and Mexico, countries experiencing huge increases in demand for higher education) has helped the company grow. Laureate declined to comment for the Reuters report.
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