UNITED STATES
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)
Registrant’s telephone number, including area code: (480) 966-5394
 
Former name or former address, if changed since last report
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 Learning’s 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.
 
 
September 13, 2011  By:   /s/ Brian L. Swartz    
    Name:   Brian L. Swartz   
    Title:   Senior Vice President and Chief Financial Officer