Market Overview

Pearson Acquires Connections Education

Pearson (NYSE: PSO) is announcing today the acquisition of Connections Education from an investor group led by Apollo Management, L.P.

Through its Connections Academy business, the company operates online or ‘virtual' public schools in 21 states in the US—serving more than 40,000 students in the current school year. These virtual charter schools are accredited and funded by the relevant state and are free to parents and students who choose a virtual school in place of a traditional public institution or other schooling options.

Posted-In: News M&A

 

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