FOR MORE INFORMATION CONTACT: Mark C. Brown, Senior Vice President and Chief Financial Officer (703) 247-2514Secondary Offering Agreement • March 15th, 2004 • Strayer Education Inc • Services-educational services
Contract Type FiledMarch 15th, 2004 Company IndustryARLINGTON, Va., March 15, 2004 -- Strayer Education, Inc. (the "Company") (Nasdaq: STRA) announced today that its previously announced secondary offering of common stock closed earlier today. The 3.45 million shares sold in the offering include 450,000 shares sold pursuant to the exercise of the underwriters' over-allotment option. The Company will not receive any of the proceeds of the offering. The common shares were issued following the conversion of convertible preferred stock and the partial exercise of an option currently held by New Mountain Partners, L.P., New Mountain Strayer Trust and MidOcean Capital Investors, L.P., as well as the exercise of options held by certain of the Company's management, who sold a total of 115,000 shares in the offering. This offering was made pursuant to the exercise of existing registration rights held by the selling shareholders. After giving effect to the offering, New Mountain will continue to beneficially own approximately 11% of Strayer's equ
This press release contains statements that are forward looking and are made pursuant to the "safe-harbor" provisions of the Private Securities Litigation Reform Act of 1995 ("Reform Act"). The statements are based on the Company's current...Secondary Offering Agreement • March 10th, 2004 • Strayer Education Inc • Services-educational services
Contract Type FiledMarch 10th, 2004 Company IndustryARLINGTON, VA., MARCH 9, 2004 - Strayer Education, Inc. (the "Company") (Nasdaq: STRA) announced today the pricing, at $105.25 per share, of three million shares of common stock in a previously announced secondary offering. The Company will not receive any of the proceeds of the offering.
Sonya Udler Vice President of Corporate Communications (703) 247-2517 STRAYER EDUCATION, INC. ANNOUNCES CLOSING OF 2.3 MILLION SHARE SECONDARY OFFERING OF COMMON STOCK ARLINGTON, VA., NOVEMBER 20, 2002 - Strayer Education, Inc. (the "Company")...Secondary Offering Agreement • November 20th, 2002 • Strayer Education Inc • Services-educational services
Contract Type FiledNovember 20th, 2002 Company IndustryARLINGTON, VA., NOVEMBER 20, 2002 - Strayer Education, Inc. (the "Company") (Nasdaq: STRA) announced today that its previously announced secondary offering of common stock closed earlier today. The number of shares sold in the offering (2.3 million shares) includes 0.3 million shares sold pursuant to the exercise of the underwriters' over-allotment option. The Company will not receive any of the proceeds of the offering.