The publishing company John Wiley & Sons is purchasing Deltak.edu, a privately held company that teams up with colleges to build and support online-degree programs, for $220-million, The Wall Street Journal reported. The deal is expected to close by the end of the month. Stephen M. Smith, the publisher’s president, said in a written statement that the move would give his company “a platform for transformative new institutional products and services.” Deltak’s revenue was $54-million for its latest fiscal year.
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