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CIBT Education Group Inc.

11:11 AM EST - CIBT Education Group Inc. : reported that it has signed a definitive agreement with Loyalist Group Limited to sell one of CIBT's subsidiaries, King George International College & King George International Business College, for $13.5 million, subject to certain adjustments. CIBT Education Group Inc.

shares T.MBA are trading up $0.06 at $0.29.