For-profit vocational school stocks career education Corp rose chain on Monday after the company said that it had sold the business to Istituto Marangoni, which provides fashion and design programs, and $ 100 million to the official program of purchasing stock returns.
Career education said Monday that a group of investors led by private equity firm Providence Equity Partners purchased the Istituto Marangoni because Business Division
Istituto Marangoni is headquartered in Milan, with other locations in Paris and London.
Meanwhile, a $ 100 million career education says the Council authorized on Mondays for stock repurchases in addition to $ 153.3 million still available under the previous program official.
