LOPE - The Split: Grand Canyon Education And Grand Canyon University
Introduction
Grand Canyon Education, Inc. (LOPE) provides educational services to Grand Canyon University. In the past, these two were part of the same company, but last year, they were split apart. Grand Canyon Education continues to operate as a public listed company, and Grand Canyon University operates as a not-for-profit organization.
In the past, Grand Canyon showed a solid history of growth. The former company operated efficiently with very low debt levels. After the split, analysts are forecasting continued growth.
Splitting off the university campus assets should improve the new Grand Canyon Education’s