Thread regarding Corinthian Colleges Inc. layoffs

You don't have to wonder if CCI has filed for bankruptcy: here is the url http://www.sec.gov/edgar/searchedgar/webusers.htm#.U-ECn2NnCZ4

You can check the website yourself. It's free and easy to use the COCO symbol. Or you can check by company name if you want to check Pegasus Holdings.

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Post ID: @OP+wWxJB0G

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Yes, that's true. We tend to talk about CCI interchangeably even though we should be saying Wyotech vs. Heald vs. Everest. I was referring to Everest.

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Post ID: @1G6A+wWxJB0G

The sale will be happening for Heald.

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Post ID: @1Xxw+wWxJB0G

For a college yes, for CCI, no. What do you think the no vacation pay (except for CA, yes we know), layoffs of last 6 months, and paycuts are for? So that some at CCI can remain viable until a sale or close. Sale is not likely, and it's a longshot if we can remain operational long enough to meet the closing deadline. You can't seriously be naive enough to think this is going to be a graceful coast to the shore?

Whomever is interested in keeping tabs on any bankruptcy proceedings can check for themself, which is why I posted the link.

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Post ID: @e6q+wWxJB0G

Closing is more likely than bankruptcy for colleges.

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Post ID: @Z5x+wWxJB0G

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