Faruqi & Faruqi Investigation: Apollo Education Group, Inc.
Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Apollo Education Group, Inc. (“Apollo” or the “Company”) (NASDAQ:APOL) for potential breaches of fiduciary duties in connection with the sale of the Company to consortium led by private investment firm The Vistria Group for approximately $1.1 billion.
The Company’s stockholders will only receive $9.50 in cash for each share of Company common stock they own. However, the offer is below at least one analyst target price of $10 per share and the 52-week high of $28.66 per share.
If you own common stock in Apollo and wish to obtain additional information and protect your investments free of charge, please contact Faruqi & Faruqi's Juan Monteverde, Esq. either via e-mail at firstname.lastname@example.org or by telephone at (877) 247-4292 or (212) 983-9330.