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Facing lawsuits and financial losses, Chubb Corporation put the school for sale in 2004 and eventually sold it for $1 to a partnership of private equity firms called Great Hill Partners and the High-Tech Institute, a network of similar technical schools based in Phoenix, Arizona. [3] Chubb Corporation recognized a $31 million loss from the sale ...
The company was founded in 1992 as the Edison Project, largely the brainchild of Chris Whittle.Other people involved were Tom Ingram (campaign manager and chief of staff to Lamar Alexander, who was a former Governor of Tennessee and United States Secretary of Education 1991–1993), Benno C. Schmidt, Jr., John Chubb (political scientist from the Hoover and Brookings Institutions), and Chester ...
High Technology High School (Abbreviated HTHS, also known as High Tech), founded in 1991, is a four-year magnet public high school for students in ninth through twelfth grades, located in the Lincroft section of Middletown Township, in Monmouth County, in the U.S. state of New Jersey, operated as a cooperative effort between the Monmouth County Vocational School District (MCVSD) and Brookdale ...
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The parents of a 10-year-old boy who hanged himself in May after “horrific bullying” are suing their son’s school, claiming staff covered up complaints and punished victims who spoke up ...
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[105] [106] As of the 2020–21 school year, the high school had an enrollment of 1,909 students and 157.6 classroom teachers (on an FTE basis), for a student–teacher ratio of 12.1:1. [107] The district's board of education is comprised of nine members, who are elected directly by the voters to serve three-year terms of office on a staggered ...
Right now, Chubb stock trades at 1.8 times book value, a discount to the industry average of 2.3 times book value. That's despite Chubb's superior returns on equity and depressed book value.