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Stock impact report

Laureate Education Announces Pricing of Public Offering by Selling Stockholder

Laureate Education, Inc. (LAUR) 
Last laureate education, inc. earnings: 2/27 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: investors.laureate.net
Company Research Source: GlobeNewswire
BALTIMORE, Nov. 15, 2018 (GLOBE NEWSWIRE) -- Laureate Education, Inc. (NASDAQ: LAUR) today announced the pricing of the previously announced underwritten public offering of 12,250,000 shares of the Company’s Class A common stock by Wengen Alberta, Limited Partnership (the “Selling Stockholder”), the Company’s controlling stockholder, at a price to the public of $14.00 per share.  The offering is expected to close on November 20, 2018, subject to customary closing conditions. In addition, the Selling Stockholder has granted to the underwriters a 30-day option to purchase an aggregate of not more than 1,837,500 additional shares of the Company’s Class A common stock.  The Company is not selling any shares and will not receive any proceeds from the sale of the shares being offered by the Selling Stockholder. Credit Suisse Securities (USA) LLC, Barclays Capital Inc. and BMO Capital Markets Corp. are acting as joint lead book-running managers and representatives of the underwriters. Mac Show less Read more
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