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Private Equity Gets an Opening to Buy Private US Colleges

M&A & RestructuringRegulation & LegislationManagement & GovernanceEducation

Northeastern University's takeover of Marymount Manhattan College is expected to be completed this summer, with final clearance from the US Department of Education anticipated in the coming months. The update is procedural and indicates the deal is nearing completion, but it contains no material financial terms or market-moving developments.

Analysis

Northeastern University's takeover of Marymount Manhattan College is expected to be completed this summer, with final clearance from the US Department of Education anticipated in the coming months. The update is procedural and indicates the deal is nearing completion, but it contains no material financial terms or market-moving developments.

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