Clifford may be able to assemble a group of investors to purchase Heald and move the brand to private equity.
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Is this true? It showed up in a search. Would they let all of us know on Monday. My campus is nervous.
WAC will likely have huge issues with Clifford after what happened with Chancellor. A site visit is conducted within 6 months by WAC and they would have to show extraordinary autonomy from their board and the decision making process for an ownership change to go through.
I don't see it. This industry just has too bad of a taint on it.
Not going to happen.