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Idaho judge dismisses lawsuit against University of Idaho's $700m acquisition of University of Phoenix, allowing it to proceed.
A judge in Idaho has dismissed a lawsuit filed by the state attorney general, allowing the University of Idaho to move forward with its planned acquisition of the University of Phoenix.
The lawsuit alleged that the deal was done in violation of an open meetings law, but the judge ruled that the board of regents did not violate Idaho's Open Meetings Law when considering the transaction.
The acquisition, valued at nearly $700 million, has faced numerous obstacles, but this ruling is seen as a major breakthrough for the university.
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Un juez de Idaho desestima la demanda contra la adquisición de la Universidad de Phoenix por 700 millones de dólares por parte de la Universidad de Idaho, lo que le permite continuar.