CRC Health Group to Acquire Aspen Educational Group

October 16, 2006 CRC Health Group to Acquire Aspen Educational GroupOn September 29, 2006, CRC Health Group (CRC) announced that it has signed a merger agreement with Aspen Educational Group (Aspen), a private provider of education programs for struggling or under-achieving adolescents, young adults, and their families. The deal is expected to close in mid-November 2006; specific terms have not been disclosed. Elliot Sainer, chief executive officer of Aspen Education Group, will continue to serve as president of the Aspen Education Group Division and is expected to join the board of directors of CRC. With over 30 programs . . .