March 9, 2003

Key Developments Since the Last Edition (February 14, 2002)

  • In February, Career Education disclosed that it had acquired Formastrat SA and its subsidiaries, also known as the Inseec Group, an operator of nine postsecondary schools in Paris, Bordeaux, and Lyon.
  • Sylvan Learning Systems announced in March that it would sell all of its operations related to elementary and secondary education, transforming it into solely a higher-education company. Once the deal is completed, which is expected by June, the company will focus

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