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Article: Education Management Corporation Announces Investment by General Electric Company.
- Article from:
- PR Newswire
- Article date:
- October 31, 2006
CopyrightCOPYRIGHT 2006 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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PITTSBURGH, Oct. 31 /PRNewswire/ -- Education Management Corporation today announced that GE Commercial Finance, a division of General Electric Company, has made an investment in Education Management Corporation. Terms of the transaction were not disclosed.
(Logo: http://www.newscom.com/cgi-bin/prnh/20061031/CLTU075LOGO)
Education Management, with over 80,000 students as of fall 2006, is one of the largest providers of post-secondary education in North America with a broad range of academic programs offered at 72 primary locations.
Bob Corcoran, Vice President and Chief Learning Officer of GE and President of the GE Foundation, said, "We ...