Wednesday, January 14, 2009

ACCC to buy College for $6.5 million

The campus was looking very Joycean after the announcement.

The Great Lakes Colleges Association (GCLA) announced yesterday that the boards of the Antioch College Continuation Corporation (ACCC) and Antioch University have approved a letter of intent that provides for ACCC to purchase certain of the college's assets for $6.5 million. The letter seeks to protect the assets while paving the way for a more definitive agreement, according to Richard Detweiler the president of GLCA

Read the press release and letter of intent.

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