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This tidbit just

August 6, 2008

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)

[Previous stories on this blog about online universities.]

One Comment
  1. September 5, 2008 7:19 am


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