Leon does not get screwed too often but this a bad deal. Why would you offer $10 for a company worth about $3. Enrollment numbers are abysmal. They have closed the majority of the campuses. Once they run out of campuses to close, what are they going to cut next? They are already down to a skeleton crew over there.
They are nuts! Anyone knowing how they had every opportunity to sell at 32, 18, 14 and so on would know that management worked hard devaluing the company in lieu of a huge bonus.They could care less about the shareholders. Everyone should be voting no on this bad deal.
Yeah, this pile of #$%$ will never get the vote. I would not vote yes either just out of spite for the douchebags over at Apollo. Guys like CapellI getting a huge bonus for crashing the company and screwing the shareholders. F that guy!