The Strayer/Capella Merger and What it Means for For-Profits

Strayer has the upper hand in the merger, taking a 52% controlling interest in the new company, which will be called "Strategic Education" and will maintain Strayer's "STRA" stock symbol. With combined enrollments of close to 80,000 students, the new company will be one of the largest for-profits in the US. More...