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Princeton Review: Colleges
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The Princeton Review (TPR) is a for-profit American educational preparation company. It offers test preparation for standardized achievement tests such as the SAT and advice regarding college admissions. Approximately 70% of the company's revenue comes from test preparation. [1]
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The Princeton Review's ranking lists reporting the top 20 colleges in these and over 50 other categories appear in the 2008 edition of its college guidebook "Best 366 Colleges" (Random House / Princeton Review, $21.95), on sale tomorrow. Other list categories cover campus politics, race/class relations, social scene, gay community acceptance, sports interests, and town- gown relations. The book's ranking lists will ... be posted on www.PrincetonReview.com after 5 pm EDT today.
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About Chapman University Leatherby Center for Entrepreneurship and Business Ethics -- The Princeton Review and Entrepreneur Magazine ranked the Entrepreneurship program #15 in the nation out of 700 programs reviewed. Mike Brown, a '2006 Chapman alumnus received the 1st Place 2006 Global Student Entrepreneur Award. P. K. Shukla was honored by Collegiate Entrepreneurs' Organization as the best faculty advisor out of 500 global CEO chapters.
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Taking advantage of a unique patent-pending push technology from VOCEL, The Princeton Review can deliver content to college-bound teens on their phones at any time that fits students' schedules. Students can now use their mobile phones to get interactive, hands-on practice, strategy and tips in much the same way that they'd play a game or download a ring tone. Once downloaded, content resides in the phone, so you can access your test prep even if there's no phone signal.
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NEW YORK, Sept. 2 /PRNewswire/ -- The Princeton Review, an educational services company, and the Hispanic Scholarship Fund (HSF), the nation's leading organization supporting Hispanic education, announced the availability of a free Spanish-English Roadmap to College. The two organizations partnered to provide the free, bilingual resource to demystify the college admissions process among Spanish-speaking students and their families.
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Under the terms of an Agreement and Plan of Merger with Alta Colleges and TSI, a new subsidiary of the Company will merge with and into TSI, and TSI will become a wholly owned subsidiary of The Princeton Review. The consideration to be paid in the merger will be approximately $38,400,000, of which $4,600,000 will be paid in cash and the remainder through the issuance of 4,225,000 shares of The Princeton Review common stock. Under the agreement, the number of shares issued to Alta Colleges is subject to adjustment under certain circumstances as of the first anniversary of the closing, based on the value of the Company's common stock at that time, and may be subject to further adjustment in the event of certain future transactions. The closing of the transaction is subject to certain conditions, including the receipt of certain consents of third parties. The parties currently anticipate that the closing will occur in the first half of March 2008. TSI's revenues for the twelve-month period ending December 31, 2007 were approximately $15 million.
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