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Home»Finance»Apollo Education to be taken private by investor group
Finance

Apollo Education to be taken private by investor group

DeepBy DeepMarch 5, 2016No Comments1 Min Read
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Apollo Education on Monday said it has agreed to be taken private by a group a investors in a deal valued at about $1.1 billion.

The investors include The Vistria Group, funds affiliated with Apollo Global Management, and Najafi Cos. for $9.50 per share in cash for both Class A and B shares. The offer price is a 36.7 percent premium to Apollo Education’s Friday’s close.

The deal is expected to be complete by August 2016.

CNBC.com staff
[“source -cncb”]
Apollo be by Education group investor private taken to
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