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Grand Canyon Seen as Unlikely to Go Private, Nonprofit

March 25, 2015
 

Grand Canyon University's chances of going private have dropped considerably, the Phoenix Business Journal reported based on an interview with the for-profit college's president. Brian Mueller told the Journal that there was less than a 50 percent chance of the publicly traded company going private or nonprofit. Shareholders refused to accept buyouts to convert the publicly traded company. The company offered to buy out shares for 15 percent more than they're worth.

 
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