STXNEWS LATAM-Brazil's Estácio buys Amazon studies institute
July 01, 2014 at 18:06 PM EDT
Brazilian for-profit education company Estácio Participações SA agreed on Tuesday to buy Instituto de Estudos Superiores da Amazônia (Iesam) for 80 million reais ($36 million). In a securities filing, Estácio said Iesam has 4,500 students enrolled in 23 different undergraduate and 18 post-graduation degrees distributed across one campus.
