Thread regarding Bridgepoint Education Inc. layoffs

Ashford University Campus Sold for $1.6M plus lease back. Most likely sold to Shell. Any confirmation?

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Post ID: @OP+FcbDYdP

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Clinton Catalyst, LLC is a newly formed LLC

The company's attorney James Bruhn, of Farwell & Bruhn Law Firm in Clinton.

"They recognize that the main campus is a modern structure…and their hope is to find a success through public or private means. They have the time, patience and experience to do that. "

http://www.clintonherald.com/news/real-estate-company-purchases-ashford-properties/

Sorry but a newly formed company has zero experience. No mention of who those 3 individuals are. I smell a shell game.

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Post ID: @5kbv+FcbDYdP

It was sold to a Real Estate company in Clinton Iowa. Bridgepoint will lease it back for $12,500 a month until the School closes.

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Post ID: @est+FcbDYdP

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