WAYNE, Pa., Feb. 9, 2016 /PRNewswire/ -- Ryan &
Maniskas, LLP is investigating potential claims against the board
of directors of Apollo Education Group, Inc. ("Apollo Education" or
the "Company") (NASDAQ: APOL) concerning possible breaches of
fiduciary duty and other violations of law related to the Company's
efforts to sell the Company to a consortium of investors including
The Vistria Group, LLC, funds affiliated with Apollo Global
Management, LLC and Najafi Companies in a transaction valued at
approximately $1.1 billion.
If you own shares of Apollo Education and would like to learn
more about this class action or if you wish to discuss these
matters and have any questions concerning this announcement or your
rights, contact Richard A. Maniskas,
Esquire toll-free at (877) 316-3218 or to sign up online,
visit: www.rmclasslaw.com/cases/apol. You may also email Mr.
Maniskas at rmaniskas@rmclasslaw.com.
Under the terms of the agreement, shareholders of Apollo
Education will receive $9.50 in cash
for each share of Apollo Education common stock.
Our investigation concerns possible breaches of fiduciary duty
and other violations of state law by the Board of Directors of
Apollo Education for not acting in the Company's shareholders' best
interests in connection with the sale process.
Ryan & Maniskas, LLP is a national shareholder litigation
firm. Ryan & Maniskas, LLP is devoted to protecting the
interests of individual and institutional investors in shareholder
actions in state and federal courts nationwide. To learn more
about the class action process, please visit:
www.rmclasslaw.com.
CONTACT: Ryan & Maniskas, LLP
Richard A. Maniskas, Esquire
995 Old
Eagle School Rd., Suite 311
Wayne, PA
19087
877-316-3218
www.rmclasslaw.com/cases/apol
rmaniskas@rmclasslaw.com
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SOURCE Ryan & Maniskas, LLP