Career Education Corp. Sells European Operations
Career Education Corporation, a major for-profit higher education chain, on Thursday announced the sale of its European education properties to a private equity firm. The company said it expects to receive $277 million in cash for the deal, which includes all of the for-profit's international schools division. Career Education's share price shot up 51 percent after it announced the news.
MULTIPLE: President, Los Angeles Harbor College, President, Los Angeles Southwest College, President, Los Angeles Valley College