Dive Summary:
- Arizona's Grand Canyon University backed out of a deal for a free 217-acre campus in Massachusetts.
- The school informed the campus' Oklahoma-based owners of the former Northfield Mount Hermon School campus last week, only five weeks after they were named the recipient following an extensive search, citing $30 million in unforeseen infrastructure upgrade costs.
- The owners of the campus plan to begin a new search.
From the article:
An Arizona college has backed out a deal for a free 217-acre campus in Massachusetts, citing tens of millions in unanticipated costs. ...