Corinthian Colleges plans to buy Heald for $395 million
Santa Ana-based Corinthian Colleges plans to buy San Francisco-based Heald Capital -- the parent company of Heald College -- for $395 million.
Corinthian Colleges Inc. and its Corinthian Schools Inc. unit face a purported class action lawsuit alleging the schools made and continue to make misleading statements regarding their graduates' employment prospects and starting salaries.