Anhanguera Educacional Participacoes Acquires LFG PR Newswire VALINHOS, Brazil, Oct. 7 VALINHOS, Brazil, Oct. 7 /PRNewswire-FirstCall/ -- Anhanguera Educacional Participacoes S.A. (Bovespa: AEDU11, Bloomberg: AEDU11:BZ), announces to its shareholders and the market in general that, on October 6, 2008, it acquired 100% of the capital stock of LFG Business e Participacoes Ltda. LFG is the leading provider of distance learning graduate and extension programs in Brazil. The Company has 70,000 students enrolled in 62 programs distributed through its 322 learning centers, under a business and pedagogical model similar to that of Anhanguera's existing learning centers. With this acquisition, Anhanguera becomes the largest higher education provider in Brazil, with approximately 220,000 students on its campus and learning centers. According to our projections, LFG should add R$ 115.0 million in Net Revenues and R$ 36.5 million in Ebitda to Anhanguera in FY 2009. Professor Luiz Flavio Gomes, CEO and founder of LFG, will join Anhanguera's management team to lead a business unit that will integrate operations of LFG and Anhanguera's existing learning centers. The Company invites analysts, shareholders and investors to its Conference Call that will be held tomorrow, October 8, 2008 (Wednesday). English Conference Call October 8, 2008 10:30 a.m. (US EDT) 11:30 a.m. (Brazil Time) U.S. Phone: (1-800) 860-2442 Other Countries: +1 (412) 858-4600 Code: Anhanguera Portuguese Conference Call October 8, 2008 2:00 p.m. (US EDT) 3:00 p.m. (Brasilia Time) Phone: (55 11) 2188-0188 Code: Anhanguera For further information, please contact the Investor Relations Department Ricardo Scavazza - Chief Operating Officer and Investor Relations Jose Augusto Teixeira - Chief Planning Officer and Investor Relations Director Phone: (55 19) 3512-1770 E-mail: email@example.com www.unianhanguera.edu.br/ir About Anhanguera Educacional Participacoes S.A. Anhanguera Educacional Participacoes S.A. is the largest for-profit professional education group in the Americas, with approximately 220,000 students in higher education and 500 thousand students in vocational training programs. The majority of its students are middle and lower-middle income young adults, who work during the day and study at night, a segment with significant pent-up demand in Brazil. The Company is committed to offering high-quality education to help these working adults attain the skills required by the labor market and improve their career prospects. Anhanguera Educacional is listed under Level 2 of the Sao Paulo Stock Exchange (Bovespa) and trades under the symbol "AEDU11". SOURCE Anhanguera Educacional Participacoes S.A. Website: http://www.unianhanguera.edu.br/ir Contact: Ricardo Scavazza, Chief Operating Officer and Investor Relations, or Jose Augusto Teixeira, Chief Planning Officer and Investor Relations Director, +011-55-19-3512-1770, firstname.lastname@example.org, both of Anhanguera
Anhanguera Educacional Participacoes Acquires LFG
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