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Chinese companies seek to buy American campuses
Inside Higher Ed: A Chinese company that until January went by the name Jiangsu Zhongtai Bridge Steel Structure Company plans to purchase a nonprofit American music college. What could go wrong?
Plenty, argue faculty members, donors and alumni who oppose Rider University’s plans to sell the Westminster Choir College in Princeton, N.J., to the company now known as Beijing Kaiwen Education Technology Company.
The most recent of several suits seeking to block the sale was filed last month on behalf of members of the Westminster Foundation, a group of alumni, donors and faculty.
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