Ross University acquisition.

DeVry Inc. announced May 19 it has completed the acquisition of Ross University, the operator of Ross University School of Medicine and Ross University School of Veterinary Medicine. Ross University, with campuses located in the Caribbean countries of Dominica and St. Kitts/Nevis, is one of the world's largest providers of medical and veterinary education with more than 2,500 students:

Bank of America, N.A., provided senior financing for the US$310 million acquisition. Ross University becomes the third division of DeVry Inc., joining DeVry University and Becker Conviser Professional Review. Ross' curricula follow the models used in U.S. medical and veterinary schools and Ross students participate in clinical rotations throughout the U.S.;

Dennis J. Keller, DeVry Inc. chairman and co-chief executive officer, said, "The Ross University acquisition will bring immediate positive financial benefits to DeVry and provides excellent opportunities to leverage Ross' medicine and health sciences expertise with the technology and business offerings of DeVry University and Becker Conviser Professional Review." DeVry Inc. is based in Oakbrook Terrace, Ill. Details: www.devry.com.