2016 News Releases

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07/07/16Apollo Education Group, Inc. Reports Third Quarter Fiscal Year 2016 Results
PHOENIX--(BUSINESS WIRE)--Jul. 7, 2016-- Apollo Education Group, Inc. (NASDAQ: APOL) (“Apollo” or the “Company”) today reported financial results for the three and nine months ended May 31, 2016, with third quarter revenue of $558.0 million and diluted earnings per share from continuing operations of $0.19, or $0.37 excluding special items. “We remain committed to our transformational plan at University of Phoenix, which we believe will re... 
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07/01/16Apollo Education Group Announces Timing of Fiscal 2016 Third Quarter Earnings Release
PHOENIX--(BUSINESS WIRE)--Jul. 1, 2016-- Apollo Education Group, Inc. (NASDAQ: APOL) announced today that it will report its fiscal 2016 third quarter results after market on Thursday, July 7, 2016. In light of the pending merger with AP VIII Queso Holdings, L.P., an affiliate of Apollo Management VIII, L.P., which is a fund managed by an affiliate of Apollo Global Management, LLC, the Company will not be hosting an investor conference cal... 
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06/28/16Apollo Education Group Named One of the Most Community-Minded Companies in the Nation
The Civic 50 and Points of Light honors Apollo Education Group PHOENIX--(BUSINESS WIRE)--Jun. 28, 2016-- Apollo Education Group, Inc. (NASDAQ: APOL), has been recognized as one of the nation’s most community-minded companies as part of the Civic 50, an initiative of Points of Light, the largest organization in the world dedicated to volunteer service. The award celebrates those who set the standard for corporate civic engagement and seek to be... 
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06/08/16Center for Creative Leadership and Apollo Education Group Launch Program to Strengthen Frontline Managers’ Skills
Six-week digital program tackles challenges faced by first-level managers PHOENIX--(BUSINESS WIRE)--Jun. 8, 2016-- The Center for Creative Leadership and Apollo Education Group (NASDAQ: APOL) launched in late May 2016 an online training program, Frontline Leader Impact, designed to meet the leadership development needs of first-level managers. Fifty-nine percent of first-time managers say adjusting to managing people and display... 
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06/01/16Western International University and National Association of Wholesaler-Distributors Announce Partnership for Next Generation Leadership Program
Leading-edge program advancing leadership development within the wholesale distribution industryPHOENIX, June 1, 2016 — Western International University (West) and National Association of Wholesaler-Distributors (NAW) have partnered to develop the Next Generation Leadership program to support leadership development within the wholesale distribution industry. Leveraging more than 70 years of combined experience in education and wholesale distribution, West and NAW have created Next Generat... 
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05/19/16Apollo Education Group to Eliminate Mandatory Arbitration Clauses
PHOENIX--(BUSINESS WIRE)--May 19, 2016-- Apollo Education Group, Inc. (NASDAQ: APOL) today announced that effective July 1, 2016, University of Phoenix and Western International University, two of its U.S.-based universities, will eliminate the use of mandatory arbitration clauses in its students’ enrollment agreements. This will be consistent with its current practice at two of Apollo’s other institutions, College for Financial Planning and The Iron Yar... 
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05/16/16Earning and Learning, the Hot Ticket to Higher Wages. Manpower Introduces MyPath Program which Includes No Cost College Degree Courses from Western International University for Associates with Ambitions to Move On and Move Up
- Manpower brings world of work expertise to education in response to employer demand for skills AND experience - Manpower’s new MyPath program includes a Full College Tuition Coverage Program, the latest in its suite of tools offering associates the opportunity to learn while they earn - The program has been designed to help people achieve educational qualifications, move up the career ladder and earn more – without clocking up thousands of dollars of student debt MILWAUKEE (May 16... 
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05/06/16Apollo Education Group Shareholders Approve Merger Agreement to be Acquired by Consortium of Investors
PHOENIX & NEW YORK--(BUSINESS WIRE)--May 6, 2016-- Apollo Education Group, Inc. (NASDAQ: APOL) today announced that its shareholders have approved the merger agreement for the proposed acquisition by a consortium of investors, including The Vistria Group, LLC, funds affiliated with Apollo Global Management, LLC (NYSE: APO) and the Najafi Companies. More than 63 percent of the Class A shares voted at Apollo Education Group’s Special Mee... 
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05/01/16Apollo Education Group Receives Revised $1.14 Billion Offer from Consortium of Investors
Cash Offer Increased to $10.00 per Share Increased Price Represents Best and Final Offer Amended Merger Agreement Approved by Board of Directors Special Meeting of Shareholders Adjourned to May 6, 2016 PHOENIX & NEW YORK--(BUSINESS WIRE)--May 1, 2016-- Apollo Education Group, Inc. (NASDAQ: APOL) announced today that it has received a revised offer from a consortium of investors including The Vistria Group, LLC, fund... 
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04/28/16Apollo Education Group Announces Adjournment of Special Meeting of Shareholders to May 6, 2016
PHOENIX & NEW YORK--(BUSINESS WIRE)--Apr. 28, 2016-- Apollo Education Group, Inc. (NASDAQ: APOL) announced that the Special Meeting of Shareholders scheduled for today to vote on proposals regarding the proposed acquisition by a consortium of investors including The Vistria Group, LLC, funds affiliated with Apollo Global Management, LLC and the Najafi Companies has been adjourned to May 6, 2016 at 1:00 PM Phoenix time at 4025 South Riverpoint Parkway... 
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04/26/16Apollo Education Group to Address How Learning Strengthens Workforce Culture at Global STEM Talent Summit 2016
Global education leader to serve as strategic partner in STEMconnector’s three-year plan PHOENIX--(BUSINESS WIRE)--Apr. 26, 2016-- Apollo Education Group, Inc. (NASDAQ: APOL) today announced it will join with STEMconnector to participate in the third annual Global STEM Talent Summit at Gallup World Headquarters in Washington, D.C., on April 28, 2016. This year’s event kicks off STEMconnector’s new three-year strategic plan that activate... 
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04/15/16Apollo Education Group Receives Recommendation from Glass Lewis that Shareholders Vote “FOR” the Proposed Acquisition by a Consortium of Investors
PHOENIX & NEW YORK--(BUSINESS WIRE)--Apr. 15, 2016-- Apollo Education Group, Inc. (NASDAQ: APOL) today announced that Glass, Lewis & Co. (“Glass Lewis”), a leading independent proxy advisory firm, recommends that Apollo Education Group shareholders vote “FOR” the merger agreement related to the proposed acquisition by a consortium of investors including The Vistria Group, LLC, funds affiliated with Apollo Global Management, LLC and the Najafi Com... 
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04/06/16Apollo Education Group, Inc. Reports Second Quarter Fiscal Year 2016 Results
PHOENIX--(BUSINESS WIRE)--Apr. 6, 2016-- Apollo Education Group, Inc. (NASDAQ: APOL) (“Apollo” or the “Company”) today reported financial results for the three and six months ended February 29, 2016, with second quarter revenue of $465.3 million and a $0.56 diluted loss per share from continuing operations, or a $0.31 loss per share excluding special items. “While we are facing significant industry and regulatory headwinds that have result... 
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03/28/16Apollo Education Group Announces Timing of Fiscal 2016 Second Quarter Earnings Release
PHOENIX--(BUSINESS WIRE)--Mar. 28, 2016-- Apollo Education Group, Inc. (NASDAQ: APOL) announced today that it will report its fiscal 2016 second quarter results after market on Wednesday, April 6, 2016. On February 7, 2016, the Company entered into a merger agreement with AP VIII Queso Holdings, L.P., an affiliate of Apollo Management VIII, L.P., which is a fund managed by an affiliate of Apollo Global Management, LLC, none of which is aff... 
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02/08/16Apollo Education Group, Inc. to Be Taken Private in $1.1 Billion Transaction
Cash offer of $9.50 per share All equity transaction supported by well-capitalized consortium Will continue to invest in strategic transformation, enhancing student outcomes and career relevant education for working adults PHOENIX & NEW YORK--(BUSINESS WIRE)--Feb. 8, 2016-- Apollo Education Group, Inc. (NASDAQ: APOL) today announced it has entered into a definitive agreement to be acquired by a consor... 
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01/11/16Genesis Rehab Services and Apollo Education Group to Accelerate Health Care Workforce Training in China
National rehabilitation provider continues expansion into the world’s second largest health care market; addresses demand for trained workforce KENNETT SQUARE, Pa., and PHOENIX, Jan. 11, 2016 — Genesis Rehab Services (GRS), one of the nation’s largest providers of rehabilitation services and a division of Genesis HealthCare (NYSE:GEN), today announced it has joined forces with Apollo Education Group, Inc. (NASDAQ: APOL) to develop scalable rehabilitation therapy training programs in China... 
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01/11/16Apollo Education Group, Inc. Reports First Quarter Fiscal Year 2016 Results
PHOENIX--(BUSINESS WIRE)--Jan. 11, 2016-- Apollo Education Group, Inc. (NASDAQ: APOL) (“Apollo” or the “Company”) today reported financial results for the three months ended November 30, 2015, with first quarter revenue of $586.0 million and a $0.53 diluted loss per share from continuing operations, or $0.29 earnings per share excluding special items. “Apollo is taking the necessary steps to enhance long-term shareholder value through a se... 
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01/11/16Apollo Education Group, Inc. Explores Strategic Alternatives
PHOENIX--(BUSINESS WIRE)--Jan. 11, 2016-- Apollo Education Group, Inc. (Nasdaq: APOL) announced today that the Board of Directors has made the determination to explore strategic alternatives while the Company continues to execute its ongoing business transformation. The Board is currently in discussions that could potentially lead to a change of control of the Company. The Board believes that these actions will support and accelerate Apollo’s stra... 
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