Purchase of Kaplan Campuses Finalized

Graham Holdings Company, which controls Kaplan Inc., announced Friday that the sale of its Kaplan Higher Education campuses to Education Corporation of America was completed Thursday, according to a corporate filing. ECA is a for-profit chain that announced in February it would purchase all 38 of the nationally accredited Kaplan campuses and related assets. Kaplan will continue to operate Kaplan University and eight professional schools.