With Necessary Regulatory Approvals, National Louis University Announces the Completed Transfer of Kendall College's Programs and Other Assets
Laureate Education, Inc. (LAUR)
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Source: PR Newswire
CHICAGO, Aug. 6, 2018 /PRNewswire/ -- National Louis University (NLU) received approval from the Higher Learning Commission (HLC) and the U.S. Department of Education to transfer Kendall College's programs and other assets from Laureate Education, Inc. (Nasdaq: LAUR). The transition of five of Kendall College's degree programs -- baking & pastry, business, culinary arts, early childhood education, and hospitality management, plus Kendall College's general education program -- to NLU officially occurred today. "Chicago is home to a premier culinary and hospitality industry that is thriving," said Nivine Megahed, Ph.D., NLU president. "With the approval and closing of the transfer agreement, National Louis will prepare students to enter this vital sector of the economy and will serve as a talent pipeline for ongoing economic growth. NLU is looking forward to preserving the legacy of Kendall College's well-known programs and building on its premier reputation, w
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