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They own for-profit education companies like University of Phoenix. Read up on their history, especially the law suits, to get an idea of what the management's
by frakr 10y ago
They own for-profit education companies like University of Phoenix. Read up on their history, especially the law suits, to get an idea of what the management's values are like: https://en.wikipedia.org/wiki/University_of_Phoenix https://en.wikipedia.org/wiki/University_of_Phoenix
- ansible 10y agoUgh, those guys. So... this is not good news for the customers of Rackspace.
- codeisawesome 10y agoWhoa, you're username, nice. Anyway, Apollo Global is different from Apollo Group.
- rattray 10y ago"management's values" are probably "make money" even for the turnaround PR firms. The real question is of "strategy", not "values", in the financial industry. Anyone have a tl;dr for Apollo on that?
- dfriedmn 10y agoThat's actually a different firm called Apollo Group (which is mostly comprised of Phoenix and a small number of other things) – Apollo Global is a much larger private equity firm with a confusingly similar name
- slavik81 10y agoIt appears that Apollo Global is part of a consortium that bought Apollo Education Group earlier this year [1]. Looking at the press releases, those appear to be the two Apollos in question. Though, I suppose you should give them some time to see what they'll do with it. [1] http://www.streetinsider.com/Corporate+News/Apollo+Global+to+Acquire+Apollo+Education+Group+(APOL)+for+$9.50Share/11287230.html http://www.streetinsider.com/Corporate+News/Apollo+Global+to...