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May 15, 2007

Britain: Pearson Acquires an Educator

Pearson, the education publisher, agreed to buy eCollege.com for $538 million to add online degree courses in the United States. Shareholders of eCollege will receive $22.45 a share, Pearson said, an 8.9 percent premium over its closing price on Friday. ECollege, founded in 1996 and based in Chicago, works with about 180 United States colleges and universities to offer degree, certificate and

From Britain: Pearson Acquires an Educator

Posted by Jason at May 15, 2007 10:00 AM