Apollo Education Group, Inc. (NASDAQ:APOL) Files An 8-K Other Events

Apollo Education Group, Inc. (NASDAQ:APOL) Files An 8-K Other Events

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Item8.01 Other Events.

Higher Learning Commission Approval of Change of Control

On January23, 2017, the Higher Learning Commission (HLC), the
principal accreditor of University of Phoenix and our other
domestically accredited institutions, notified us that it had
approved the change of control applications filed by our HLC
accredited institutions in connection with our pending merger
(Merger) with AP VIII Queso Holdings, L.P., a Delaware limited
partnership (Queso), as further described in our filings with the
U.S. Securities and Exchange Commission set forth below. The
approval is subject to various conditions relating to subsequent
reviews, reporting obligations and procedures for new program
approvals, which have been accepted by us and Queso.

With the receipt of this approval, we have obtained all
educational regulatory approvals required as conditions to the
Merger under the Merger Agreement. Subject to the satisfaction of
all other closing conditions set forth in the Merger Agreement,
we expect to consummate the Merger on February1, 2017. However,
there can be no assurance that all closing conditions will be
satisfied in a timely manner or at all, or that the Merger will
be consummated.

For additional information about the Merger and the related
Merger Agreement, see the following filings we have made with the
Securities and Exchange Commission:

Current Report on Form 8-K filed February8, 2016;
Definitive Proxy Statement filed March23, 2016;
Supplement to the Definitive Proxy Statement filed May2,
Amendments to the Merger Agreement attached to our Current
Report on Form 8-K filed May2, 2016;
Current Report on Form 8-K filed July7, 2016;
Annual Report on Form 10-K filed October20, 2016;
Current Report on Form 8-K filed December8, 2016;
Current Report on Form 8-K filed December21, 2016; and
Quarterly Report on Form 10-Q filed January9, 2017.

The information in Item8.01 of this Form 8-K shall not be deemed
filed for purposes of Section18 of the Securities Exchange Act of
1934, as amended (the Exchange Act), or otherwise subject to the
liabilities under that section, nor shall it be deemed
incorporated by reference in any filing under the Securities Act
of 1933, as amended, or the Exchange Act, regardless of any
general incorporation language in such filing.

About Apollo Education Group, Inc. (NASDAQ:APOL)

Apollo Education Group, Inc. is an education provider. The Company offers undergraduate, graduate, certificate and no degree educational programs and services, online and on-campus, to working adults in the United States and abroad through University of Phoenix, Apollo Global and Others. Its segments include University of Phoenix, Apollo Global and Others. The University of Phoenix is a private university. The Apollo Global segment includes BPP Holdings Limited (BPP), Open Colleges Australia Pty Ltd (Open Colleges), Career Partner GmbH, Universidad Latinoamericana (ULA), Faculdade da Educacional da Lapa (FAEL), Apollo Global Chile S.A. (Apollo Global Chile), Milpark Education (Pty) Ltd. (Milpark Education) and India Education Services Private Ltd (India Education Services). The Others segment includes The College for Financial Planning Institutes Corporation (College for Financial Planning); Western International University, Inc.; TIY Academy, LLC, and Apollo Professional Development.

Apollo Education Group, Inc. (NASDAQ:APOL) Recent Trading Information

Apollo Education Group, Inc. (NASDAQ:APOL) closed its last trading session down -0.01 at 9.99 with 635,767 shares trading hands.

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