Shareholder Rights Law Firm Johnson & Weaver, LLP Launches an Investigation into the Proposed Sale of Apollo Education Group,...

Shareholder rights law firm Johnson & Weaver, LLP has launched an investigation into whether the board members of Apollo Education Group, Inc. (NASDAQ: APOL) breached their fiduciary duties in connection with the proposed sale of the Company. The buyers include The Vistria Group, funds affiliated with Apollo Global Management and Najafi Cos.

Additional Information:

Apollo provides private education services in the United States and internationally.

On February 8, 2016, Apollo Education announced it had signed a definitive agreement to be acquired and taken private. Under the terms of the agreement, Apollo Education shareholders will receive $9.50 per share in cash for all Class A and B shares of stock owned.

The investigation concerns whether Apollo Education’s board failed to satisfy their duties to the Company shareholders, including whether the board adequately pursued alternatives to the acquisition and whether the board obtained the best price possible for Apollo Education’s shares of common stock.

Nationally recognized Johnson & Weaver is investigating whether the proposed deal price represents adequate consideration, especially given the following:

• Apollo Education has a strong balance sheet with little long-term debt.
• One Wall Street analyst has a $10.00 price target on the stock, which is far more than the $9.50 offer price.
• Last year the stock traded as high as $28.66.

If you are a shareholder of Apollo Education and believe the proposed buyout price is too low or you’re interested in learning more about the investigation or your legal rights and remedies, please contact lead analyst Jim Baker ([e-mail]) at 619-814-4471. If emailing, please include a phone number where you can be reached.

About Johnson & Weaver, LLP:

Johnson & Weaver, LLP is a nationally recognized shareholder rights law firm with offices in California, New York and Georgia. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. For more information about the firm and its attorneys, please visit http://www.johnsonandweaver.com. Attorney advertising. Past results do not guarantee future outcomes.

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Johnson & Weaver, LLPJim Baker, [e-mail]