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Educate Inc. Goes Public

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Educate Inc., a tutoring and supplemental-services company, announced on Sept. 23 its initial public offering of 15 million shares of stock at $11 per share. The Baltimore-based company is expected to use the proceeds from the offering to pay down debt.

Educate Inc. (Nasdaq: EEEE) bought its K-12 services last year from Sylvan Learning Systems Inc.

Vol. 24, Issue 05, Page 4

Published in Print: September 29, 2004, as Educate Inc. Goes Public

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