Saturday, December 19, 2009

Archdiocesan Transaction Watch

Touro College to buy New York Medical College for $60M

This story appeared in today's Journal News, the Gannett newspaper for the lower Hudson Valley. Interesting communicative style:

"Joseph Zwilling, spokesman for the archdiocese, confirmed the medical school's Catholic identity will end. He referred questions about what that will mean to the medical school."

The medical school, in turn:

"I can't confirm that the agreement has been fully executed, and until it is, I can't comment on what's in the contract," Moriarty said."

God bless them for extracting the story!

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