June 22, 2018
Rider Reaches Deal to Sell Westminster Choir College to Chinese Firm
Rider University (NJ) on Thursday signed a controversial deal to sell Westminster Choir College, a renowned but struggling institution in downtown Princeton, N.J., for $40 million to a Chinese company with little experience in higher education. But when, or even if, the choir college changes hands remains unclear. Two lawsuits have already been filed by alumni, donors and others challenging any potential sale, and additional lawsuits are very likely, according to people involved in the litigation.