Thursday, April 07, 2005

Washington Post unit buys education licensing company

Thursday April 7, 9:00 am ET
CHICAGO, April 7 /PRNewswire/ -- Kaplan Professional, a division of Kaplan, Inc., today announced that it has agreed to acquire BISYS Education Services, a prominent provider of licensing education and compliance solutions for financial services institutions and professionals.
Kaplan is a leading provider of educational services, providing professional training, postsecondary education, test preparation and K12 services for individuals and institutional customers. BISYS Education Services will join the Dearborn group of companies, which are part of Kaplan Professional.
"This move will enable us to provide customers with unparalleled resources," said Eric Cantor, Kaplan Professional President and Chief Executive Officer. "We will leverage both organizations' investments in technology and content to offer the highest quality services available."
"In an increasingly complex regulatory environment, our institutional customers require strategic, tailored solutions," said Andrea Mainelli, Kaplan Professional Senior Vice President and Chief Operating Officer. "We can now offer a single source for all their education and compliance needs."

Source: http://biz.yahoo.com/prnews/050407/nyth040.html?.v=6

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