Laureate Education To Be Bought for $3.8 Billion

Laureate Education Inc. (Nasdaq: LAUR), a Baltimore-based provider of on-campus and online higher education, has agreed to be acquired for $3.8 billion by a consortium that includes Laureate chairman and CHO Douglas Becker, Kohlberg Kravis Roberts & Co., Citigroup Private Equity; S.A.C. Capital Management, SPG Partners, Bregal Investments, Caisse de d