"The Arkansas Times revealed Tuesday that a non-profit organization affiliated with the University of Arkansas System has been in talks about acquiring the University of Phoenix, long one of the country’s largest for-profit colleges, from that school’s current private equity owners. A spokesman for the University of Arkansas System acknowledged to the news outlet that discussions 'are ongoing.'"
https://www.republicreport.org/2023/university-of-arkansas-in-talks-to-buy-troubled-for-profit-university-of-phoenix/