Apollo Education Group Announces Timing of Fiscal 2016 Fourth Quarter and Year-End Earnings Release
October 18 2016 - 4:05PM
Business Wire
Apollo Education Group, Inc. (NASDAQ: APOL) announced today that
it will report its fiscal 2016 fourth quarter and year-end results
after market on Thursday, October 20, 2016.
On February 7, 2016, the Company entered into a merger agreement
with AP VIII Queso Holdings, L.P., an affiliate of Apollo
Management VIII, L.P., which is a fund managed by an affiliate of
Apollo Global Management, LLC, none of which is affiliated with the
Company. At the effective time of the merger, each share of the
Company's issued and outstanding Class A and Class B common
stock will be converted into the right to receive $10.00 per share
in cash. The transaction is subject to financial, operational and
customary closing conditions. It is also subject to foreign and
domestic regulatory conditions and approvals, including by
the U.S. Department of Education, the Higher Learning
Commission, and state regulatory and programmatic accreditation
bodies. For more information, see the Company's supplement to
definitive proxy statement filed with the Securities and Exchange
Commission on May 2, 2016 and definitive proxy statement filed with
the Securities and Exchange Commission on March 23, 2016, available
on the SEC’s website, www.sec.gov, and Apollo Education Group
website, www.apollo.edu/transaction.
In light of the pending merger, the Company will not be hosting
an investor conference call following the issuance of its fiscal
2016 fourth quarter and year-end earnings press release.
About Apollo Education Group, Inc.
Apollo Education Group, Inc. is one of the world’s largest
private education providers, serving students since 1973. Through
its subsidiaries, Apollo Education Group offers undergraduate,
graduate, professional development and other nondegree educational
programs and services, online and on-campus principally to working
learners. Its educational programs and services are offered
throughout the United States and in Europe, Australia, Latin
America, Africa and Asia, as well as online throughout the
world.
For more information about Apollo Education Group, Inc. and its
subsidiaries, call (800) 990-APOL or visit the Company’s website at
www.apollo.edu.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20161018006491/en/
Apollo Education Group, Inc.Investor Relations
Contact:Beth Coronelli,
312-660-2059beth.coronelli@apollo.eduMedia Contact:Media
Relations Hotline, 602-254-0086media@apollo.edu
Apollo Education Group, Inc. (NASDAQ:APOL)
Historical Stock Chart
From Aug 2024 to Sep 2024
Apollo Education Group, Inc. (NASDAQ:APOL)
Historical Stock Chart
From Sep 2023 to Sep 2024