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Preserving Legacies in Higher Education

Partner, Thomas S. Marrion, offers insight on how to handle the merger and acquisitions process in the unique environment of higher education. Colleges and universities are facing enormous financial pressure due to declining student enrollment, as well as the expensive amenities built to maintain or augment competitive advantage. While traditional companies can restructure debt through bankruptcy, colleges and universities seek alternative solutions, such as affiliate transactions, to continue providing educational opportunities and to preserve their legacy.