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BUSINESS
January 30, 2007 | From Bloomberg News
Educate Inc., owner of Sylvan Learning centers, has agreed to be acquired by a group of investors, including part of its management team, for about $535 million. The investor group offered the Baltimore-based company $8 a share in addition to assuming about $191 million in debt. The deal is expected to close in the second quarter.
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BUSINESS
January 30, 2007 | From Bloomberg News
Educate Inc., owner of Sylvan Learning centers, has agreed to be acquired by a group of investors, including part of its management team, for about $535 million. The investor group offered the Baltimore-based company $8 a share in addition to assuming about $191 million in debt. The deal is expected to close in the second quarter.
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NEWS
November 24, 1988 | TAMARA HENRY, United Press International
Glenn Hogen and his colleagues bristle when for-profit learning centers are compared to McDonald's, although both are franchised businesses popping up in shopping centers across the country. "The value of the (learning center) service is so different than that of a commodity," said an irritated Hogen, vice president of education with the Sylvan Learning Corp. "When you offer something as personal and as important as education, there's no way to compare that to a commodity."
CALIFORNIA | LOCAL
June 29, 2001 | DUKE HELFAND, TIMES STAFF WRITER
Before she ran for the Los Angeles school board, Marlene Canter spent 25 years building a successful teacher training company. Canter and the executives of her firm reaped millions of dollars when it was sold three years ago to the education giant Sylvan Learning Systems. Now, Canter is scrambling to divest herself of about $4.4 million in Sylvan holdings to avoid a potential conflict of interest once she joins the board next week.
CALIFORNIA | LOCAL
December 19, 1999 | DUKE HELFAND, TIMES STAFF WRITER
Is your daughter flunking English? Does your son avoid his weekly spelling test like the plague? Rest easy. Evan Postal is on the job--and this literacy doctor makes house calls. A special education teacher by training, he can diagnose your child's reading problems, prescribe a remedy and administer treatment. All for $45 an hour.
NEWS
August 26, 1988 | ELAINE WOO, Times Education Writer
After an illuminating morning session with fellow campers in a Pitzer College classroom at Claremont, soon-to-be high school freshman Eric Fagan, 14, was, in his own words, totally "stoked." "I'm 48% kinesthetic and 49% visual!" the San Diego youngster exclaimed after taking a test that showed he absorbs information better by seeing and feeling it as opposed to hearing it.
CALIFORNIA | LOCAL
June 29, 2001 | DUKE HELFAND, TIMES STAFF WRITER
Before she ran for the Los Angeles school board, Marlene Canter spent 25 years building a successful teacher training company. Canter and the executives of her firm reaped millions of dollars when it was sold three years ago to the education giant Sylvan Learning Systems. Now, Canter is scrambling to divest herself of about $4.4 million in Sylvan holdings to avoid a potential conflict of interest once she joins the board next week.
BUSINESS
February 4, 1998 | Baltimore Sun
Sylvan Learning Centers Inc., provider of commercial educational services, said it would acquire closely held Canter & Associates Inc., the premier provider of training-and-development programs for teachers. Baltimore-based Sylvan said the deal to purchase the Santa Monica-based Canter would close within a week. The price tag: $25 million in cash immediately, with additional payments of cash and restricted Sylvan stock possible should Canter meet certain performance goals.
CALIFORNIA | LOCAL
April 4, 1998 | LISA FERNANDEZ
Six Ventura County students were among the 100 in the state Geography Bee in Sacramento on Friday, but none made it to the top 10 list of finalists. A sixth-grader from Deep Valley Christian School in Redwood Valley, Austin Taylor, emerged as the state's top youthful geographer by correctly answering this question: Since ancient times, marble has been quarried on an island that shares its name with the sea that lies between the European and Asian parts of Turkey. (Answer: Marmara).
CALIFORNIA | LOCAL
June 1, 1998
He won by knowing that Germany is the European Union's most populous country, with more than 80 million people. With that, Petko Peev, 13, of Grand Rapids, Mich., defeated J.B. Kizer of Portsmouth, Ohio, to become the 1998 winner of the National Geography Bee. Peev, who was born in Bulgaria, will receive a $25,000 scholarship from the National Geographic Society and a trip to Hong Kong from Sylvan Learning Centers.
CALIFORNIA | LOCAL
December 19, 1999 | DUKE HELFAND, TIMES STAFF WRITER
Is your daughter flunking English? Does your son avoid his weekly spelling test like the plague? Rest easy. Evan Postal is on the job--and this literacy doctor makes house calls. A special education teacher by training, he can diagnose your child's reading problems, prescribe a remedy and administer treatment. All for $45 an hour.
NEWS
November 24, 1988 | TAMARA HENRY, United Press International
Glenn Hogen and his colleagues bristle when for-profit learning centers are compared to McDonald's, although both are franchised businesses popping up in shopping centers across the country. "The value of the (learning center) service is so different than that of a commodity," said an irritated Hogen, vice president of education with the Sylvan Learning Corp. "When you offer something as personal and as important as education, there's no way to compare that to a commodity."
NEWS
August 26, 1988 | ELAINE WOO, Times Education Writer
After an illuminating morning session with fellow campers in a Pitzer College classroom at Claremont, soon-to-be high school freshman Eric Fagan, 14, was, in his own words, totally "stoked." "I'm 48% kinesthetic and 49% visual!" the San Diego youngster exclaimed after taking a test that showed he absorbs information better by seeing and feeling it as opposed to hearing it.
BUSINESS
September 15, 1997
Ken Loyd, 41 Los Angeles I've been an executive recruiter for seven years, and self-employed for the last five. My clients include Cheesecake Factory, Jamba Juice, Panda Express, 1-800-FLOWERS and Sylvan Learning Centers. My office is in my home, I rarely put clothes on before noon, I drive a new Porsche 911, I own my house and I really feel like I haven't "worked" since I became a recruiter. Unlike the usual recruiter, who just runs the numbers, I have fun with my job.
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