Laureate accepts increased $62 a share offer
NEW YORK, June 4 |
NEW YORK, June 4 (Reuters) - Laureate Education Inc. LAUR.O said on Monday that it has accepted an increased offer from the investor group that offered to buy the company in January.
The $62.00 per share tender offer represents a $1.50 per share increase over the original $60.50 per share price, for an increased aggregate value of $3.82 billion.
The investor group, led by Laureate Chief Executive Douglas Becker, includes Kohlberg Kravis Roberts & Co., Citi Private Equity, S.A.C. Capital Management and others.
- Tweet this
- Link this
- Share this
- Digg this
- Reprints
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.
Follow Reuters