University of Arizona Acquires Ashford University.
In a smart move toward capturing a large scale of online learning and presence, University of Arizona acquires Ashford University, a premiere online university. According to Inside Higher Ed, the acquisition deal toward a non-profit operation is $1.00 ☺️, with over $200 million of expected revenue.
Takeaways: Smart move, creative accounting, clever way of quickly capturing large scale market share, gain traditional name recognition, quality of education, mother company investing group earns approximately 20% of total revenue at a larger scale minus operational cost, while maintaining operational control.
Verdict: Clever win-win deal.