Empire Education Group Inc., a beauty schools operator that counts Key Principal Partners as a minority shareholder, has agreed to merge with 51 accredited cosmetology schools from Regis Corp. (NYSE: RGS). Empire will hold a 51% stake in the newly-formed company, while Regis will retain 49 percent. No financial terms were disclosed for the deal, which is expected to close on July 1. www.empire.edu www.regiscorp.com
If you do not receive this within five minutes, please try and sign in again. If the problem persists, please
email: subscriptions@peimedia.com.