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Bennett probe recommended prosecution for fraud

The investigation of former Indiana schools Superintendent Tony Bennett found more than 100 instances in which he or his employees violated federal law. The state’s formal report in February minimized the infractions, and Bennett has never faced prosecution.

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Private equity group confirms Herff Jones buyout

Charlesbank Capital Partners and Partners Group say the purchase—reportedly for $1.5 billion—ensures the educational-products company “has the capital structure, resources, and financial flexibility” to further expand.

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