Brief: Zovio - At Closing, Co Will Make Additional Cash Payment Of $37.5 Mln To University Of Arizona

Zovio

03/08/2020 12:46

Aug 3 (Reuters) - Zovio Inc  ZVO.O :
    * ZOVIO INC - AT CLOSING, CO WILL MAKE AN ADDITIONAL CASH
PAYMENT
TO UNIVERSITY OF ARIZONA GLOBAL CAMPUS OF $37.5 MILLION
    * ZOVIO INC -  TRANSFERRED ASSETS WILL INCLUDE ASHFORD
UNIVERSITY'S ACADEMIC CURRICULUM AND CONTENT AND $16.5 MILLION
IN CASH WORKING CAPITAL

Source text: (https://bit.ly/31dorj1)
Further company coverage:  ZVO.O 

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