Laureate Accepts Sweetened Buyout Bid.

The article reports on the proposed takeover bid for Baltimore, Maryland-based Laureate Education Inc. The higher-education company accepted an increased takeover offer of $3.82 billion from an investor group, which includes Kohlberg Kravis Roberts & Co. and Citigroup Inc.'s Citigroup Private Equity Co. The $62-a-share offer is up from the group's original offer of $60.50, which had been criticized by some Laureate shareholders as too low.