Laureate Education agrees to $3.1 billion management buyout (Market Watch)
Laureate Education agrees to $3.1 billion management buyout (Market Watch)
NEW YORK (MarketWatch) — The board of Laureate Education (LAUR), a for-profit provider of higher education, has agreed to a $3.1 billion buyout led by founder and Chief Executive Douglas L. Becker and backed by a private equity consortium including Kohlberg Kravis Roberts & Co., Citigroup Private Equity and hedge fund S.A.C. Capital Management LLC.