November 12, 1999
College Board Seeks Investors for Its Commercial Web Site
The College Board is looking for some big bucks.
The non-profit association expects to spend $30-million over the next three to five years on its new, for-profit subsidiary, collegeboard.com, and is lining up investors to cover those costs.
The board, which sponsors the SAT, will go nose to nose with the Internet offerings of Kaplan Educational Centers and Princeton Review. Gaston Caperton, the board's president, explained his plans to members for the
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