American Public University System’s parent company plans to acquire Rasmussen University, it announced Wednesday, casting the tie-up between for-profit institutions as meeting growing demand for health-care providers.
American Public Education Inc., the publicly traded company that owns American Public University System and the Hondros College of Nursing, entered into an agreement to acquire Rasmussen. Rasmussen was changing its name this month from Rasmussen College — its website still carried the former name Wednesday.
Rasmussen counts more than 18,000 students online or at 24 campuses in Florida, Illinois, Kansas, Minnesota, North Dakota and Wisconsin. More than 8,000 of those students are in nursing.