ECA bought all 38 Kaplan College campuses, But Kaplan will have "preferred equity interest" in ECA.
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It's apocalyptic today
New ownership and consolidation. And since Kaplan lost $12.5 million they will have to cut costs. The most obvious cost reductions would be campus closings and reducing labor costs..... https://www.insidehighered.com/quicktakes/2015/02/13/education-corp-buys-38-kaplan-college-campuses
What does this even mean?