DeVry buys Caribbean medical school for $235M

Source: businessweek.co Posted By: anny J...4828 days ago

For-profit school chain DeVry Inc. said Thursday that it acquired a medical school in the Caribbean for $235 million as it builds its healthcare-related program offerings.

The school, American University of the Caribbean, is privately held and located on St. Maarten, which is near Puerto Rico.

DeVry already owns the Ross University School of Medicine in the Caribbean. It has about 4,800 students, while AUC has about 1,000 students. The schools cater to Americans who want to practice medicine....

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