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TCV V reports 5.2% stake in Capella Education
By Lisa Kerner
Charlotte, N.C., Sept. 12 - Capella Education Co. investors led by TCV V, LP may acquire additional shares, retain shares or sell shares of the company's common stock. Any such actions will depend on the review of several factors, including stock price, general market and economic conditions and Capella's financial condition.
The reporting persons beneficially own 866,945 shares, or 5.2%, of the company's outstanding stock, according to a schedule 13D filing with the Securities and Exchange Commission.
Minneapolis-based Capella, through its wholly owned subsidiary, Capella University, provides online post-secondary education services in the United States.
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