The owner of both universities, Laureate Costa Rica, is awaiting approval from the authorities to merge both into a single education center.
A press release from the institution reported that the new center, if approved, would become the country largest private university, with over 30.000 students.
“This merger is being studied by the corresponding authorities”, informed company spokesperson Cindy Madrigal.
Laureate Education Inc., an American-based chain of private universities, has bought two Costa Rica educational institutions, Universidad Latina (Latina U) and Universidad Americana (UAM).
Baltimore-based Laureate made the announcement of the purchase in Mexico, where it also acquired the Instituto Latino de Formación Integral (Ilafori).
All three were owned by the Mexico City firm Consorcio Pro-Educación.