Thread regarding Heald College layoffs

Apparently the offer was too low for CCI so the buyer walked. Nice going CCI.

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| 611 views | | 11 replies (last October 6, 2014) | Reply
Post ID: @OP+xQ0vVii

11 replies (most recent on top)

I am just curious how this information was obtained. Without naming any names of course, how do you know the buyers backed out and we are now back to the drawing board?

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Post ID: @6F7v+xQ0vVii

Or a gallon of milk!

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Post ID: @5PdQ+xQ0vVii

There are some really naive people out there. The complexity of this transaction is huge, with all the litigation and regulatory and accreditation activity going on. Even if one buyer got cold feet, there could be back-up buyers, but the negotiation process would begin again once the first buyer backed out (or didn't get the necessary approvals, or whatever else could have gone wrong). This isn't like buying a gallon of orange juice.

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Post ID: @1SgF+xQ0vVii

Sounds about right since 3 weeks ago local management couldn't stop talking about the sale being finalized in a matter of days and now suddenly they won't say a word. They were pretty darn chatty before. No sale was finalized by any date they had given us and now? crickets!

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Post ID: @1qAE+xQ0vVii

I believe in Santa.

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Post ID: @1BU6+xQ0vVii

I believe this to be true.

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Post ID: @1rQo+xQ0vVii

I heard it through the grapevine . . . la .. la ..la

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Post ID: @db6+xQ0vVii

How low can you go? How low can you go?

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Post ID: @wv8+xQ0vVii

So a friend of a friend gave you this sensitive information when everything has been kept so quiet all this time? Right, that's plausible.

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Post ID: @vbF+xQ0vVii

No not at all. Heald employee and was told by another employee with connections to our management team. Keep living in denial if you would like.

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Post ID: @hM6+xQ0vVii

Troll Alert. Troll Alert.

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Post ID: @ECW+xQ0vVii

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