Brief: Perdoceo Education Corp - On September 10, Co Through Its Unit Colorado Technical University, Acquired Hippo Education

Perdoceo Education

14/09/2021 21:35

Sept 14 (Reuters) - Perdoceo Education Corp  PRDO.O :
    * PERDOCEO EDUCATION CORP - ON SEPTEMBER 10, CO THROUGH ITS
UNIT
COLORADO TECHNICAL UNIVERSITY, ACQUIRED HIPPO EDUCATION
    * PERDOCEO EDUCATION CORP - HIPPO'S PHYSICIAN FOUNDER WILL
CONTINUE TO SERVE HIPPO IN LEADERSHIP CAPACITY UNDER CO'S
OWNERSHIP - SEC FILING
    * PERDOCEO EDUCATION - UNDER TERMS OF ACQUISITION, INITIAL
CASH
CONSIDERATION OF ABOUT $42 MILLION FUNDED WITH CO'S AVAILABLE
CASH BALANCES

Source text for Eikon: [https://bit.ly/3nyJXvm]
Further company coverage:  PRDO.O 

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