April 18, 2003
Career Education Corp. Plans to Buy Whitman
Career Education Corporation announced plans to acquire Whitman Education Group late last month in a deal valued by both companies at $230-million. Career Education officials said the acquisition is part of their strategy to expand in health-care fields.
The need for more health-care professionals in areas such as nursing and medical technology has prompted a number of large proprietary college systems to acquire smaller companies, like Whitman, that specialize in that area of
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