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A Looming Wave of Mergers and Acquisitions
Future U Podcast - The Pulse of Higher Ed
What's the Impetus for Acquiring Colleges?
Jeffrey Toobin: I want to bring Mary into this conversation because I know Michael and I both know President Una at Western pretty well. And the president, President Una started this M&A committee that you lead; just kind of curious what the impetus for it was. For Northeastern, obviously the acquisition of Mills College in California got a lot of attention most recently. But what's the strategic rationale for acquiring colleges? What's the impetus for your committee and what's the rationale for possibly acquiring even more colleges?Toobin: The value is northeastern has received this year. 96,300 applications for undergraduate for 2,500 slots. We have not announced it yet. So you
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