newsfilter
← Latest News
Business Wire·

The Law Offices of Vincent Wong Reminds Investors of an Investigation of Capella Education Company in Connection with the Sale of the Company to Strayer Education, Inc.

NEW YORK--(BUSINESS WIRE)--The Law Offices of Vincent Wong are investigating the Board of Directors of Capella Education Company (NASDAQ:CPLA) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Strayer Education, Inc. (NASDAQ: STRA). Under the terms of the deal, Capella shareholders will receive 0.875 Strayer shares per Capella share. Based on the closing price of Strayer stock on October 27, 2017, this represents a value of $80.26 per share. Upon completion of the merger, Capella shareholders will own approximately 48% of the combined company.