Morgan Stanley's (MS) private equity arm is near a sale of Learning Care Group to private equity firm American Securities LLC, Reuters reported Friday, citing people familiar with the matter.

Learning Care operates more than 900 child care sites.

A deal is expected later this month, Reuters reported.

Full story at http://www.reuters.com/article/2014/04/11/us-learningcare-sale-idUSBREA3A1U220140411

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