Laureate Education (LAUR) Declares $7.01 Special Dividend; 41.4% Yield

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Laureate Education Announces Special Cash Distribution

September 15, 2021 4:10 PM EDT

BALTIMORE, Sept. 15, 2021 /PRNewswire/ -- Laureate Education, Inc. (NASDAQ: LAUR) (the "Company") today announced that its board of directors (the "Board") approved a plan of partial liquidation (the "Plan") in connection with the previously disclosed sale of Walden e-Learning LLC (the "Sale"). Pursuant to the Plan, the gross proceeds from the Sale, less expenses related to the Sale, will be distributed to the Company's stockholders before the end of calendar year 2022. Notwithstanding the adoption of the Plan, the Company expects to continue operating as a going concern and a publicly traded... More