Legacy Education Announces Agreement To Acquire Substantially All Assets OF Contra Costa Medical Career College For Purchase Price Of $8M
Portfolio Pulse from Benzinga Newsdesk
Legacy Education Inc. (NYSE:LGCY) has announced an agreement to acquire substantially all assets of Contra Costa Medical Career College for $8 million. The acquisition includes a cash payment, a promissory note, and issuance of shares. Completion is subject to customary conditions and regulatory approvals.
October 30, 2024 | 12:34 pm
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Legacy Education Inc. is acquiring Contra Costa Medical Career College for $8 million, which includes cash, a promissory note, and shares. This acquisition could expand Legacy's educational offerings and market presence.
The acquisition of Contra Costa Medical Career College by Legacy Education is a strategic move to expand its educational offerings. The structured payment plan and issuance of shares indicate a significant investment, suggesting potential growth and increased market presence for Legacy Education. The completion of the acquisition is contingent on regulatory approvals, which is a standard procedure.
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