Brief: Laureate Education - Board Approved Plan Of Partial Liquidation In Connection With Previously Disclosed Sale Of Walden E-Learning Llc

Laureate Education

15/09/2021 21:36

Sept 15 (Reuters) - Laureate Education Inc  LAUR.O :
    * LAUREATE EDUCATION - BOARD APPROVED PLAN OF PARTIAL
LIQUIDATION
IN CONNECTION WITH PREVIOUSLY DISCLOSED SALE OF WALDEN
E-LEARNING LLC
    * LAUREATE EDUCATION - PURSUANT TO PLAN, GROSS PROCEEDS FROM
SALE,
LESS EXPENSES RELATED TO SALE, TO BE DISTRIBUTED TO CO'S
STOCKHOLDERS BEFORE 2022 END
    * LAUREATE EDUCATION - NOTWITHSTANDING ADOPTION OF PLAN,
EXPECTS
TO CONTINUE OPERATING AS GOING CONCERN & PUBLICLY TRADED CO
    * LAUREATE EDUCATION - BOARD APPROVED PAYMENT OF SPECIAL
CASH
DISTRIBUTION OF $7.01 PER SHARE OF CO'S CLASS A & CLASS B COMMON
STOCK

Source text for Eikon:  ID:nPn7C9Hzna 
Further company coverage:  LAUR.O 

 ((Reuters.Briefs@thomsonreuters.com;))