Epstein Secrets

ficant impact on the consolidated financial statements. 3. RESTRUCTURE OF CERTAIN SUBSIDIARIES In May 2011, a wholly owned subsidiary of KUE Inc., Knowledge Schools, Inc., the parent company of KLC, converted from a corporation into a limited liability company and changed its name to Knowledge Schools LLC (KS). In co

— The consolidated financial statements include the accounts of KUE L.P. and its wholly owned subsidiaries, KUEH, Knowledge Universe Education Inc. (KUE Inc.), KCDL, Knowledge Universe Holdings Cooperatief U.A. (KUHC), Learning Group LLC, Knowledge Universe Online Services Inc., and its majority owned su

d Partner” 41,530,000 Common LP Units Approx. 1,000 General Partner Units 1,000,000 Common LP Units 17.9% to 40.0%" KU Education Inc “KUE Inc.” Knowledge Schools, Inc. Knowledge Learning Corporation “KLC” " KUE owns preferred stock that is convertible into 17.9% of k12's Common Stock. KUE’s ownership varies depend

rest Limited Partner” 41,530,000 Common LP Units Approx. 1,000 General Partner Units 1,000,000 Common LP Units 17.9% to 40.0%" KU Education Inc “KUE Inc.” Knowledge Schools, Inc. Knowledge Learning Corporation “KLC” " KUE owns preferred stock that is convertible into 17.9% of k12's Common Stock. KUE

s assets and the assets of KLC’s subsidiaries except permitted real estate transfers and other permitted transfers. 11.20. Stockholders Agreement of Knowledge Schools, Inc. KLC is a wholly owned subsidiary of KSI, and KS! pursues no other businesses independent of holding KLC’s stock/equity. KSI entered into a Stockhold

es. Knowledge Universe Learning Corp. was liquidated on October 27, 2004 and the shares of KSI were distributed on that date to its sole stockholder, KUE Inc. 9g HOUSE_OVERSIGHT_024532 12. THE REAL ESTATE COMPANY (*“KLC PROPCO”) On November 9, 2005, KLC transferred ownership of 845 ECE centers into whol