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Kaplan Buys PMBR
October 20, 2006-- The Washington Post's Kaplan, the education provider, announced today that it has acquired PMBR, a nationwide provider of test preparation for the multistate bar examination (MBE). The price of the transaction was not disclosed.
Both companies have been involved in litigation regarding bar exam preparation.
PMBR was recently held liable for copyright infringement, and ordered to pay damages of about $12 million.
Kaplan is a defendant in a $300 million class-action lawsuit, in which BAR/BRI Bar Review is accused of overcharging 300,000 law students, and BAR/BRI and Kaplan are accused of illegally splitting the bar review and LSAT markets.
Kaplan was formerly in the bar review
business in a failed joint venture with the former SMH Bar Review Course.