January 26, 2007
Apollo Group Buys Online High School
The Apollo Group, which owns the University of Phoenix, announced this month that it had bought a company that provides online high-school education.
The acquisition of Insight Schools marks Apollo's first foray into the secondary-education market. The terms of the deal, which was completed in October, were not disclosed.
"Online learning in the K-12 arena is gaining momentum across the country," Brian Mueller, president of Apollo, said in a written statement. "We view this as
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