UPDATE 1-Shares of Brazil’s Yduqs and Ser jump in bids for Laureate Education assets

(Adds shares, analyst’s comment, background)

RIO DE JANEIRO, Sept 14 (Reuters) – Shares of Brazilian education company YDUQS Participações S.A. and Ser Educacional SA jumped on Monday after the companies offered competing bids for Laureate Education Inc’s assets in Brazil.

Yduqs, a for-profit education company formerly known as Estacio Participações, is “deepening the understanding of these assets and believes it is able to present a more attractive competing proposal” than Ser, it said in a filing on Monday.

Shares of Yduqs rose more than 6% to 29.60 reais, and Ser jumped more than 13% to 16.74 reais. Laureate’s shares rose 1.35% to $13.47.

Ser Educacional announced on Sunday it had agreed to acquire the assets of Laureate group in Brazil. The U.S.-listed company, which owns and operates campuses in about 10 countries, has 267,000 undergraduate students in Brazil, according to a report by BTG bank.

Ser Educacional’s offer values Laureate’s

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EducationDynamics Acquires Assets of QuinStreet’s Higher Education Vertical

HOBOKEN, N.J., Sept. 2, 2020 /PRNewswire/ — EducationDynamics, a leader in higher education marketing and enrollment management services, announces the acquisition of the assets of QuinStreet’s higher education vertical.

EducationDynamics has acquired the assets of QuinStreet’s higher education vertical, which includes its industry leading network of digital publishers, and its deep portfolio of higher education related URLs.

EducationDynamics‘ CEO, Bruce Douglas, notes that, “EducationDynamics‘ deep array of products and services, delivered through its best in class inquiry generation division and its outstanding agency of record marketing and enrollment management practice, has clearly established the company as a leader in the adult focused higher education industry.  The incremental scale brought to EducationDynamics through this new deal strengthens our innovative and multi-faceted approach to identifying and qualifying prospective new students, enabling the company to immediately become an even more valuable partner to the

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