UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date
of Report (Date of Earliest Event Reported): September 12, 2011
Apollo Group, Inc.
(Exact name of registrant as specified in its charter)
Arizona | 0-25232 | 86-0419443 | ||
(State or other jurisdiction of incorporation) |
(Commission File Number) |
(I.R.S. Employer Identification No.) |
4025 S. Riverpoint Parkway, Phoenix, Arizona |
85040 | |
(Address of principal executive offices) |
(Zip Code) |
Registrants telephone number, including area code: (480) 966-5394
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the
filing obligation of the registrant under any of the following provisions:
o | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
o | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
o | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
o | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Section 8 Other Events
Item 8.01 | Other Events. |
Today, Apollo Group, Inc. announced the consummation of the previously announced acquisition
of Carnegie Learning, Inc., effective September 12, 2011. Apollo Group acquired 100% of the
outstanding stock of Carnegie Learning for a cash purchase price of $75 million, less outstanding
debt. In connection with this, Apollo Group also acquired from Carnegie Mellon University, a
shareholder of Carnegie Learning, certain technology related to Carnegie Learnings business for
$21.5 million, payable over a 10-year period.
Carnegie Learning, which was founded by cognitive and computer scientists from Carnegie Mellon
University and is based in Pittsburgh, Pennsylvania, is a publisher of innovative, research-based
math curricula for middle school, high school, and post-secondary students.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused
this report to be signed on its behalf by the undersigned hereunto duly authorized.
Apollo Group, Inc. |
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September 13, 2011 | By: | /s/ Brian L. Swartz | ||
Name: | Brian L. Swartz | |||
Title: | Senior Vice President and Chief Financial Officer | |||