$500 Million Investment From Apollo Funds

Discussion in 'General Distance Learning Discussions' started by AsianStew, May 2, 2023.

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  1. AsianStew

    AsianStew Moderator Staff Member

    Cengage Group getting a whopping half billion from Apollo Funds Link: https://www.apollo.com/media/press-releases/2023/04-17-2023-130118453

    Side note: If I recall correctly, Apollo Funds and several subsidiaries are owned by Apollo Global Management, who coincidentally owns Univ of Phoenix. With that much cash, why won't they try to 'fix' U of Phoenix properly?
     
  2. Johann

    Johann Well-Known Member

    Right. They should focus on that -- and work towards it until all their cash is gone... :)
     

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