EDMC: Education Management : announces execution of sale to Dream Center Foundation

(4-traders.com) PITTSBURGH, March 3, 2017 Education Management Corporation (EDMC) today announced the execution of a definitive agreement for the sale of substantially all the assets of EDMC and its schools to Dream Center Foundation (DCF), a not-for-profit foundation. The sale is expected to be completed in summer of 2017. ...http://www.4-traders.com/EDUCATION-MANAGEMENT-CORP-18539505/news/Education-Management-announces-execution-of-sale-to-Dream-Center-Foundation-24036636/