The Chronicle News Blog:
Kaplan Buys Florida Company That Runs Online School With U. of Miami
Kaplan Inc. has become the second higher-education company to move into the business of running a virtual high school. The company, which is owned by the Washington Post Company, announced on Wednesday that it had acquired a Florida company, Sagemont Virtual, that runs a school called the University of Miami Online High School and a company that develops online high-school courses. Terms of the deal were not disclosed.
According to the online high school’s Web site, the operation appears to stem from a partnership between the university and Sagemont Virtual.
In January, the Apollo Group Inc., the parent company of the University of Phoenix, announced that it had bought an online high school. —Goldie Blumenstyk
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