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"Many, many years ago one of my English TA officemates noticed that a student wrote 'writhing' instead of 'writing.' We spent the rest of the afternoon inserting 'writhing' into textbook titles ('Writhing with a Purpose') and other phrases like 'technical writhing.' My favorite: 'writhing across the curriculum.'” --peg
Herding the 'Escape Goats': Contest Sends Up Epidemic of Student Howlers
North Carolina A&T State Earns NSF Grant for Engineering Research
The award marks the first time that a lead institution in this program is a historically black university or college.
College of William and Mary Hires Interim Chief as President
W. Taylor Reveley III was previously dean of William and Mary’s law school.
Cuomo Reported to Be Planning New Student-Loan Lawsuit and Agreements
After a long silence, New York’s attorney general is preparing a lawsuit against one student-loan company and is nearing agreements with about a dozen others.
Southern Cal Deletes Muslim Scripture From Web Site Following Complaint
The scripture, from Islamic texts knowns as hadiths, had appeared on the Web site of a Muslim-student group on the campus.
Palin Attended 4 Colleges in 5 Years to Earn Diploma
The Republican vice-presidential pick, Sarah Palin, attended four different colleges over five academic years before earning her bachelor’s degree.
Palin Attended 4 Colleges in 5 Years to Earn Diploma | 184
Professor Suspects UCLA Is Illegally Using Race in Admissions Decisions | 40
Cutthroat Competition for Textbook Sales Pits UMass Faculty Members Against Bookstore | 37
Southern Cal Deletes Muslim Scripture From Web Site Following Complaint | 31
British Publisher Will Release Controversial Novel About Muhammad's Bride | 17
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June 4, 2007
Laureate Education Accepts Higher Buyout Price From Private Investors
The group of Laureate Education Inc. managers and outside investors who are seeking to buy out the company and take it private have upped their $3.8-billion offer by $1.50 per share.
Laureate, which operates a network of international universities in Asia, Europe, and Latin America, as well as the all-online Walden University, announced the initial buyout offer in January.
The new $62-per-share offer, which the Baltimore-based company’s board has accepted and made public this morning, followed opposition to the original buyout price from three of Laureate’s biggest institutional investors: T. Rowe Price, Select Equity, and Black Rock Inc.
In announcing the new offer, Laureate said that Douglas L. Becker, its chief executive and chairman, would receive the original $60.50-per-share price for his shares, as would R. Christopher Hoehn-Saric, another director, and certain other investors from one of the buyout groups, Sterling Capital Partners. Mr. Becker and Mr. Hoehn-Saric were founders of Laureate’s forerunner company, Sylvan Learnings Systems Inc. —Goldie Blumenstyk
Posted on Monday June 4, 2007 | Permalink |
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