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Home invest in investing living frugal what to invest in Grand Canyon Education, Inc. is seeking to move from a for-profit business model to a non-profit business model. How does this work and what happens to the shares of the company?

Grand Canyon Education, Inc. is seeking to move from a for-profit business model to a non-profit business model. How does this work and what happens to the shares of the company?

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Who pays for the outstanding shares? I can't imagine they all just disappear, but their market cap is around $4.28 billion. Has anyone experienced this sort of transition before from the perspective of a shareholder?



Submitted January 05, 2018 at 09:49PM by Kidchico http://ift.tt/2EbrJX1
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