YOUR BUSINESS AUTHORITY

Springfield, MO

Log in Subscribe

University of Arkansas buys school in Kansas

Posted online

The University of Arkansas agreed to buy Grantham University in Lenexa, Kansas.

The system is acquiring Grantham’s assets and assuming its “discrete liabilities” for $1, with the deal expected to close early next month. UA System President Donald Bobbitt has said that the school’s owner would take a loss of $8 million to $10 million on the sale.

The University of Arkansas will combine Grantham with its current online operations.

Read more from the Kansas City Business Journal.

Comments

No comments on this story |
Please log in to add your comment
Editors' Pick
SBJ Economic Growth Survey: Capital

SBJ survey data is used to analyze the flow of money.

Most Read
SBJ.net Poll
How important is a hybrid work option for a post-pandemic world?

*

View results