April 14 (Reuters) - Education Management Corp:
* Says anticipates recording a loss of approximately $13.2 million in the third
fiscal quarter
* Sale of its subsidiary Education Finance i llc to an unaffiliated Delaware
trust for $44.4 million
* Sale of subsidiary Education Finance i llc to unaffiliated Delaware trust for
$44.4 million
* Sale of subsidiary Education Finance i for sale proceeds of $44.4 million
* In connection with deal pre-funded $1.6 million for purchase of loans under
Education Finance loan program
((Bangalore Equities Newsroom; +91 80 4135 5800; within U.S. +1 646 223 8780))
(For more news, please click here) COPYRIGHT Copyright Thomson Reuters 2011. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
* Says anticipates recording a loss of approximately $13.2 million in the third
fiscal quarter
* Sale of its subsidiary Education Finance i llc to an unaffiliated Delaware
trust for $44.4 million
* Sale of subsidiary Education Finance i llc to unaffiliated Delaware trust for
$44.4 million
* Sale of subsidiary Education Finance i for sale proceeds of $44.4 million
* In connection with deal pre-funded $1.6 million for purchase of loans under
Education Finance loan program
((Bangalore Equities Newsroom; +91 80 4135 5800; within U.S. +1 646 223 8780))
(For more news, please click here) COPYRIGHT Copyright Thomson Reuters 2011. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.