EducationManagement posts

Feed

Education Management: goes back to IPO school

Education Management Corp., a for-profit provider of post-secondary education, has hit the IPO market once again (the first public offering was in the mid 1990s). This time, the company has issued 20 million shares at $18 per share. The price range was $18 to $20.

Education Management owns 92 schools across the country, including organizations like the Art Institute of Pittsburgh, Brown Mackie Colleges and Argosy University. In all, there are about 111,000 students.

Interestingly enough, Education Management went private back in June 2006, in a $3.4 billion deal. The private equity sponsors included Goldman Sachs (NYSE: GS) and Providence Equity.

Continue reading Education Management: goes back to IPO school

Symbol Lookup
IndexesChangePrice
DJIA-74.9212,454.83
NASDAQ-1.852,837.53
S&P 500-2.861,317.82

Last updated: May 26, 2012: 03:51 PM

Hot Stocks

General Electric

19.20-0.05(-0.26)

Alcoa

8.630.00(0.00)

Apple Inc

562.29-3.03(-0.54)

Google Inc 'A'

591.53-12.13(-2.01)

Bank of America

7.15+0.01(+0.14)

Wal-Mart Stores

65.31+0.24(+0.37)

Exxon Mobil Corp

82.08-0.53(-0.64)

Ford

10.60+0.01(+0.09)

Citigroup

26.47-0.19(-0.71)

IBM

194.30-1.79(-0.91)

Yahoo

15.36+0.01(+0.07)

Starbucks

54.56-0.20(-0.37)

Microsoft

29.06-0.01(-0.03)

Home Depot

49.44-0.27(-0.54)

DailyFinance Headlines

AOL Business News

BioHealth Investor Headlines

Sponsored Links

My Portfolios

Track your stocks here!

Find out why more people track their portfolios on AOL Money & Finance then anywhere else.

BloggingStocks Partners

More from AOL Money & Finance

Page Loaded in 1338061860465 ms.