The Chronicle: Online-Only Capella U. Is Set to Be First University to Go Public Since Last Year
How ready is Wall Street to invest in a stand-alone, all-online university? The owners of Capella University could get the answer to that question as early as this week, as they gear up to sell shares in the corporate parent, the Capella Education Company, in an initial public offering.
The deal would be the first IPO in the higher-education sector since June 2005 public offering by the Lincoln Educational Services Corporation, a company whose colleges focus on two-year programs in automotive technology and allied health.
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