Concorde completes move to private side

Concorde Career Colleges Inc. today said its $114.5 million merger with the affiliate of a New York private equity firm has been completed and that it has become a privately held corporation.

Concorde shares closed unchanged Thursday at $19.60 during the last day of trading as a public company on the Nasdaq.

The Mission-Kansas based company was acquired for $19.80 a share by an affiliate of Liberty Partners.

Concorde owns and operates career schools at 12 locations in seven states. Its vocational training programs are primarily in the allied health field.

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