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As smaller colleges and universities face a growing financial strain from plummeting enrollment caused by a demographic shift, particularly in the Northeast, they may find themselves in a position to merge with another higher learning institution.
Members of university administrations typically have no experience in planning and executing mergers. But a well-qualified and engaged strategic planning committee can increase the chance that an appropriate merger will be completed by a university and mitigate the closure risk.
In this Bloomberg Law article, co-authored by Corporate partner Neil Lefkowitz, the authors discuss how smaller colleges facing financial strain may consider merging with other institutions and emphasizes the necessity of well-prepared strategic planning committees to navigate the complex merger process and avoid closure.
To read the full article, please visit Bloomberg Law’s website.
Members of university administrations typically have no experience in planning and executing mergers. But a well-qualified and engaged strategic planning committee can increase the chance that an appropriate merger will be completed by a university and mitigate the closure risk.
In this Bloomberg Law article, co-authored by Corporate partner Neil Lefkowitz, the authors discuss how smaller colleges facing financial strain may consider merging with other institutions and emphasizes the necessity of well-prepared strategic planning committees to navigate the complex merger process and avoid closure.
To read the full article, please visit Bloomberg Law’s website.
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Partner