Strayer Education, Inc. and Capella Education Company Combine to Create a National Leader in Education Innovation

HERNDON, Va. & MINNEAPOLIS--(BUSINESS WIRE)--Strayer Education, Inc. (“Strayer”) (NASDAQ:STRA) and Capella Education Company (“Capella”) (NASDAQ:CPLA) today announced that they have agreed to combine in an all-stock merger of equals transaction, creating a national leader in education innovation. Strayer will be the remaining corporate entity under which both universities will operate.