Naglee Park Start-Up Becomes $Billion IPO
Various international newspapers, including Reuters, recently announced the Initial Public Offering (IPO) of an education company that began in Naglee Park fifty years ago (1976). Dr. John G. Sperling, at one time a faculty member at San Jose State, founded the University of Phoenix (NYSE:PXED) to provide post-secondary education to working adults. It was a radical idea…
