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Laureate Education files for IPO

Laureate Education files for IPO

Baltimore-based Laureate Education announced Friday that it wants to sell stock to the public for a second time, perhaps raising as much as $1 billion.

Laureate was a public company before investors took it private in a $3.8 billion deal in 2007.

The company said Friday in a filing with the U.S. Securities and Exchange Commission that it wants to raise at least $100 million in an initial public offering, though that number is likely to change. A Bloomberg News report in April said Laureate was interviewing banks for a $1 billion offering in the U.S. that would have valued the company at about $5 billion.

A for-profit educational provider that owns universities across the...