Strategic Education Inc. provides post-secondary education services for working adults in the United States. It offers undergraduate and graduate degree programs in business administration, accounting, information technology, education, health services administration, public administration, and criminal justice. The company was founded in 1892 and is based in Herndon, Virginia.
Two big pieces of news hit the education market recently, both in the for-profit college sector. On July 29, Strategic Education Inc (NASDAQ: STRA ) bought schools and education programs operating in Australia and New Zealand from Laureate Education Inc (NASDAQ: LAUR ) for $643 million in cash. The deal will bring a number of brands and an estimated 19,000 students into the Strategic bundle, which already include the for-profit, nearly entirely online colleges Strayer and Capella. With the acquisition, Strategic will have nearly 110,000 students paying, or getting grants and taking loans, to study with them. On Aug. 3, Zovio Inc (NASDAQ: ZVO ), formerly Bridgepoint Education, announced that one of its signature education properties, the online, for-profit Ashford University, would be “a...
HERNDON, Va.--(BUSINESS WIRE)--Strategic Education, Inc. (Strategic Education) (NASDAQ: STRA) announced today the pricing of an upsized underwritten registered public offering of 1,900,000 shares of its common stock at a public offering price of $105.00 per share. Strategic Education has granted the underwriters an option for 30 days to purchase up to an additional 285,000 shares of its common stock sold at the public offering price, less the underwriting discount. The offering is expected to c
HERNDON, Va.--(BUSINESS WIRE)--Strategic Education, Inc. (Strategic Education) (NASDAQ: STRA) announced today it has commenced an underwritten registered public offering of $175 million of shares of its common stock. In addition, Strategic Education intends to grant the underwriters an option for 30 days to purchase up to $26.25 million of additional shares of its common stock. There can be no assurances as to whether or when the offering may be completed, or as to the actual size or terms of t