Event Details
July 01, 2006
Description
Start date for quarterly installment payments from KUE to KULG.
Participants (2)
| Name | Type | Mentions | |
|---|---|---|---|
| KULG | organization | 27 | View Entity |
| KUE | organization | 219 | View Entity |
Source Documents (1)
HOUSE_OVERSIGHT_024506.jpg
This document (Page 73, House Oversight stamp 024506) outlines the corporate structure and management of Knowledge Universe Education (KUE). It identifies Michael Milken, Lowell Milken, and Steven Green as the 'Principals' and controlling shareholders, detailing KUE's ownership stakes in subsidiaries KLC and k12. The text also discloses a financial arrangement wherein KUE pays KULG $20 million annually for services starting July 1, 2006.
Related Events
Events with shared participants
Expected completion of the Offering Period
2007-03-31 • N/A
Offering of Units / Investment Opportunity
Date unknown • Not specified
Completion of this offering
Date unknown • Not specified
Potential capital raise through sale of equity or debt securities.
Date unknown • N/A
Commencement of quarterly installments for the $20 million Fixed Overhead Payment.
2006-07-01 • N/A
Initial Listing or Sale of KUE
Date unknown • N/A
Offering of Units
Date unknown • Not specified
Offering of Securities/Units
Date unknown • International (Non-U.S.)
Sale of $1 billion in Units in KUE offering
2006-04-01 • Unknown
Completion of offering
Date unknown
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