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Career Education Corp. Sells European Operations

Career Education Corp. Sells European Operations
October 25, 2013

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.

 

 

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