University of Phoenix Founder Sells $57 Million In Stock As Share Prices Soar
July 14, 2011
In the six weeks since the Obama administration issued weaker-than-expected rules governing student debt at for-profit colleges, the University of Phoenix's founder and executive board chairman has cashed out more than $59 million of the school's parent company's stock, according to filings with the Securities and Exchange Commission. The company's share prices on Wall Street have climbed to the highest levels in more than six months.
Get HuffPost Business On Twitter and Facebook !
Know something we don't? E-mail us at huffpostbiz@gmail.com
If you believe this has been sent to you in error, please safely unsubscribe.
No comments:
Post a Comment