Baltimore Business Journal
Shareholders of Educate Inc., a Baltimore-based tutoring services company, approved a $344 million buyout proposal Tuesday morning that will take the public company private.
In January, Educate’s board of directors approved a buyout offered by its chairman and CEO, Christopher Hoehn-Saric, along with Baltimore-based Sterling Capital Partners, and Citigroup Private Equity for $8 a share. Read full article.[tags]Educate Inc.[/tags]