Utilize the input text as a context reference, choose the right relationship between Zovio and the University of Arizona Global Campus from the options. Options: product/material produced, manufacturer, distributed by, industry, position held, original broadcaster, owned by, founded by, distribution format, headquarters location, stock exchange, currency, parent organization, chief executive officer, director/manager, owner of, operator, member of, employer, chairperson, platform, subsidiary, legal form, publisher, developer, brand, business division, location of formation, creator.

At the closing of transaction, which is expected by the end of 2020, Zovio and the University of Arizona Global Campus will enter into the Strategic Services agreement.

Answer: subsidiary