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Education Management Corporation (EDMC)

Other OTC - Other OTC Delayed Price. Currency in USD
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0.0085+0.00 (+19.72%)
At close: 1:45PM EDT
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Interactive chart
Previous Close0.0071
Bid0.0000 x
Ask0.0000 x
Day's Range0.0000 - 0.0000
52 Week Range
Avg. Volume383,469
Market Cap1.07M
PE Ratio (TTM)-0.00
Earnings DateN/A
Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
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  • Forbes3 months ago

    Education Management Corp. Selling Its For-Profit Art Institutes

    Goldman Sachs, Providence Equity Partners and Leeds Equity Partners acquired EDMC and its 70 schools for $3.4 billion in March 2006. Enrollment has dropped precipitously in the intervening decade, however, and is now estimated to be in the neighborhood of 65,000.

  • Reuters4 months ago

    Appeals court rules for Education Management on debt-cutting plan

    Education Management Corp scored a victory in its fight against an investor opposed to its $1.5 billion debt-cutting plan on Tuesday, when a U.S. appeals court overturned a decision in a closely watched case involving creditors' rights. The U.S. Court of Appeals in Manhattan said a lower court erred in its ruling that a Depression-era law, the Trust Indenture Act, barred Education Management's plan to restructure its debt. The appeals court also said the holdout creditor opposing the debt-cutting plan, Marblegate Asset Management LLC, could pursue its right to repayment by suing Education Management.

  • More than half a million students could be attending 'significantly subpar' for-profit schools
    Business Insider8 months ago

    More than half a million students could be attending 'significantly subpar' for-profit schools

    Just weeks after ITT Tech's demise, one of the largest school closures in US history, The...