Seeking Alpha

Career Education Corp. (NASDAQ:CECO) through its schools, colleges and universities, offers education a variety of career-orientated disciplines through online, on-ground and hybrid learning programs. The Company's institutions include, among others, American InterContinental University (AIU); Brooks Institute; Colorado Technical University (CTU) and Sanford-Brown Institutes and Colleges.

Summary: I was originally drawn to Career Education earlier this year, when I noticed the company was trading at a discount to its booked cash balance. However, since then the company has signed a game changing deal, which has seen Career sell its European assets for a sum, which at the time of the initial press release, was more than the company's entire market capitalization. Still, Career is facing a number of...

Only subscribers can access this article, which is part of the PRO research library covering 3,758 different stocks.
Growing numbers of fund managers and other investment professionals subscribe to Seeking Alpha PRO for equity research that is unavailable elsewhere, so they can: