American Public Prices Secondary Offering

American Public Education Inc. (Nasdaq: APEI), a Charles Town, West Va.-based provider of online postsecondary education for the military and public service communities, has raised $131.35 million through a secondary public offering. The company priced 3.7 million shares at $35.50 per share, including around 2.38 million shares from ABS Capital Partners and 750,000 shares from Camden Partners. The deal reduces ABS' ownership position from 40% to 26%, and Camden's from 9.9% to 4.7 percent.