University of Phoenix Owner, Backers Seek $140 Million in IPO

Bloomberg•Tuesday, September 30, 2025 at 11:12:00 AM

The owner of the University of Phoenix, along with its backers, is aiming to raise up to $140 million through an initial public offering (IPO). This move is significant as it reflects the growing confidence in the education sector and could provide the university with the necessary capital to expand its offerings and improve its services. Investors are keenly watching this development, as it may signal a positive trend for educational institutions looking to go public.

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