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University of Arkansas buys school in Kansas

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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.


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