ETS
AmericanExample Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
ETS, a nonprofit that owns the GRE and Toefl tests, has held talks to sell the exams or find one or more strategic investors, according to people familiar with the matter.
ETS Chief Executive Amit Sevak declined through a spokesperson to comment.
The nonprofit, based in New Jersey, has narrowed the talks to several firms that could potentially buy the exams or act as a strategic investor to expand ETS’s reach into the Middle East and India, said people familiar with the matter.
Elysium Management, the family office of Apollo Global Management co-founder Leon Black, had been in talks with ETS but is no longer engaged, said a person familiar with the matter.
ETS has been seeking bids of around $500 million, some of the people said.
Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.