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Wednesday, October 6, 2010

Corinthian Colleges Renewed Takeover Chatter

Shares of Corinthian Colleges were up on Tuesday trading as renewed takeover chatter for the company emerged once again. Bill Ackman, hedge fund manager, is speculating that the company may receive a takeover offer sooner rather than later.

Corinthian Colleges is a post-secondary education company in U.S. and Canada. They serve people who want to acquire career-oriented education.