This tidbit just
floated out of the ether: “Apollo Group Enters Mexican Education Market: Apollo Global Purchases Majority Stake in Universidad Latinoamericana S.C.”: Apollo, as attentive readers will remember, is the proud owner of N.B.’s latest online university, Meritus. The press release states, “Apollo Global purchased a 65% stake in ULA based on an implied enterprise value of $47 million.”
Education represents quite a trough.
(via Dale Kirby)