ST. LOUIS PARK, Minn. — The Minnesota-based Regency Beauty Institute says it’s closing all its 79 campuses, including five locations in its home state.

The company says it doesn’t have the cash to continue to run the cosmetology school business. Minnesota Public Radio News ( ) reports the company is based in St. Louis Park.

The company says it’s trying to reach agreements with other schools to accept its students.

Regency operated Minnesota schools in Blaine, Burnsville, Duluth, Maplewood and St. Cloud.

Information from: Minnesota Public Radio News,

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