Apollo Empire Grows With British Acquisition

The Apollo Group, the parent company of the University of Phoenix, has purchased BPP Holdings, a major for-profit higher education company in Britain. A statement from Apollo said that the acquisition could lead to an expansion of Apollo operations in Britain and the rest of Europe. The Times Higher noted that the education leaders of the Conservative Party -- increasingly favored in the next general elections -- have expressed interest in seeing an expanded role for for-profit higher education in Britain.