The company my husband is employed with was just bought out by another company (multi-billion corporations both.) The sale was announced early this winter and it won't close until the end of November. And that's the time it took after the purchasing company researched company, negotiated deal and did due diligence. This happens often in my husband's business. My point is it can take upwards to a year. It won't be look at a campus today and big announcement Friday. And just because someone is researching a campus, that doesn't mean they're interested in any or all colleges. They could want to buy loans, or processes (IT.) those are facts. But, let's not forget any accreditation bodies and DOE has to approve these sales. Much has to happen. Much.
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Yes, much can happen. CCI can file for bankruptcy before anything else happens.
OP regarding you're comment on DOE approval is not an issue. The Dept of Ed is a customer of ECMC - they actually pay ECMC to do things so the Dept of Ed will approve there purchase of CCi. The accrediters will be okay with it to. Arn't the accrediters also CCi employees?
Eject Mav, it doesn't look good!
872, I can better that. I got a new one. I'm not sticking around to the end. That's foolishness. Putting in my notice this week.
Make fun of me if you want but I have trade craft insude info. You'll see. Your just jealous as I'm keeping my job.
864, okay, COCO. Everyone believes that lie!
not true! ECMC purchase to be announced tomorrow. All jobs are safe. They went to many campuses today to see their new schools in action.
Yes. ECP.
814, are you an employee?