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Title: eCollege(R) Acquired by Pearson Education - CNN
Post by: Stephen Taylor on August 05, 2007, 10:26:56 AM
 eCollege(R) Acquired by Pearson Education - CNN

eCollege(R) , a leading provider of eLearning and enrollment services to post-secondary education, today announced that it has been acquired by Pearson Education. On July 31, 2007, a wholly owned subsidiary of Pearson Education was merged with and into eCollege, resulting in eCollege becoming a wholly-owned subsidiary of Pearson Education. As previously announced, approximately 84 percent of the issued and outstanding shares of common stock of eCollege voted to approve the transaction.

Read More.. (http://money.cnn.com/news/newsfeeds/articles/prnewswire/LATU18431072007-1.htm)