For Pace, the deal follows recent efforts to offer more than undergraduate and graduate programs.
Analysts here say it is still unclear if other deals will follow.
A great deal of pomp and ceremony followed the most senior's landing.
They note that their deals follow the rules established by the very regulators who now complain.
It is also widely viewed as a sign that other deals will probably follow.
The deal followed more than one year of talks.
However, the deal did not follow through as the German government vetoed it.
The deal, signed last week, followed similar arrangements by nearly all the major players in the steel industry.
It is unclear whether a firm deal will follow, the company said.
Other big deals followed for sellers of books, flowers, music and the like.