University of Arizona acquires Ashford University

The University of Arizona is moving online in a big way with a deal that could shake up the online education market and could signal more changes to come. The public land-grant university announced Monday that it will acquire Ashford University -- a fully online university that enrolls roughly 35,000 students. As part of what it called a "transformational" definitive agreement, the University of Arizona will create a new nonprofit entity called the University of Arizona Global...