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PA Bulletin, Doc. No. 21-894



Request by Penn Foster College for Approval of a Change of Ownership to Continue Operation as an Education Enterprise in this Commonwealth

[51 Pa.B. 3143]
[Saturday, June 5, 2021]

Notice of Opportunity for Hearing and
Invitation to Protest

 Under 24 Pa.C.S. § 6504 (relating to fundamental changes), the Department of Education (Department) will consider the request for approval of a change of ownership at Penn Foster College to continue its operation as an education enterprise in this Commonwealth. A Stock Purchase Agreement closed on November 17, 2020, shows that Education Holdings I, Inc. is owned by BayPine Warehouse Holding Corporation, 57%; Two Sigma Impact Acquisition Company, LLC, 35% and Rollover Shareholders, 8%. The Arizona State Board for Private Postsecondary Education, the university's home jurisdiction, approved the proposed change of ownership on April 22, 2021.

 In accordance with 24 Pa.C.S. § 6503(e) (relating to certification of institutions), the Department will act upon the request without a hearing, unless within 30 days after the publication of this notice in the Pennsylvania Bulletin a written request for public hearing is filed with the Department, along with a notice of intervention, a petition to intervene or protest in accordance with 1 Pa. Code §§ 35.23 and 35.24 (relating to protests) or 1 Pa. Code §§ 35.27—35.32 (relating to intervention).

 Petitions to intervene, protest and request for hearing shall be filed with the Division of Higher Education, Access and Equity, 333 Market Street, 12th Floor, Harrisburg, PA 17126-0333 on or before the due date prescribed by this notice. Persons wishing to review the request should phone (717) 783-6786 or write to the previously listed address to schedule a time for a review.

 Persons with a disability who wish to attend the hearing, if held, and require an auxiliary aid, service or other accommodations to participate, should contact the Division of Higher Education, Access and Equity at (717) 783-6786 to discuss accommodations.

Acting Secretary

[Pa.B. Doc. No. 21-894. Filed for public inspection June 4, 2021, 9:00 a.m.]

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