Brief: Grand Canyon Education Says GCU Informed Co That Dept. Of Educaton Confirmed Approval Of Transaction

Grand Canyon Education

07/11/2019 11:39

Nov 7 (Reuters) - Grand Canyon Education Inc  LOPE.O :
    * GRAND CANYON EDUCATION - ON NOV 6, GCU INFORMED CO IT HAD
RECEIVED CORRESPONDENCE FROM DEPARTMENT OF EDUCATON CONFIRMING
DEPARTMENT HAS APPROVED TRANSACTION
    * GRAND CANYON EDUCATION- WAS INFORMED DURING 16 MONTHS
SINCE
CLOSING OF TRANSACTION, DEPARTMENT HAS TREATED UNIVERSITY AS
FOR-PROFIT INSTITUTION
    * GRAND CANYON EDUCATION - EXPECTS DEPARTMENT'S DECISION
WILL HAVE
NO MATERIAL IMPACT ON UNIVERSITY'S OPERATIONS

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 (Reuters.Briefs@thomsonreuters.com)