Wednesday, January 14, 2009
ACCC to buy College for $6.5 million
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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