by Diane Chiddister for the Yellow Springs News, May 11, 2008

In what appears to be the final act of the long, complex and heartwrenching saga around efforts to save Antioch College, the Antioch University Board of Trustees on Thursday, May 8, rejected the offer of the Antioch College Continuation Corporation, or AC3, of almost $16 million to keep the college open. In a press statement the board reaffirmed its decision to suspend operations at the college. Jump to the article.

ANTIOCH COLLEGE CONTINUATION CORPORATION

For Immediate Release

Contact:

Lyn Chamberlin

Yellow Springs, Ohio—May 9, 2008  –  The Antioch University Board of Trustees today rejected an offer by a group of major donors and educational leaders to contribute nearly $16 million to keep the doors of Antioch College open.

ANTIOCH UNIVERSITY
News Release
April 10, 2008
Upon receipt

Contacts: Lynda Sirk Director of Communication, Antioch University • 937-769-1222

For Immediate Release

CONTACT: press

March 31, 2008- In a meeting on March 30, 2008, the Antioch College Alumni Association Board of Directors unanimously passed a resolution calling for the University Board of Trustees to meet face-to-face with the Antioch College Continuation Corporation (ACCC) as soon as possible.

ANTIOCH COLLEGE CONTINUATION CORPORATION

For Immediate Release

With Time Running Out, Major Donors and Educational Leaders Urge Reforming of University Board As Only Viable Solution

Yellow Springs, Ohio—March 30, 2008–Antioch University has forfeited an agreement to create an independent Antioch College by dragging out negotiations in an effort to profit from the College’s current difficulties, a group of major donors and educational leaders announced today.

Good Faith Offers Would Have Permitted College to Continue

Yellow Springs, Ohio, March 28, 2008 – Antioch University has rejected a significant and viable offer by a group of major donors and educational leaders that would have enabled Antioch College to continue operating, the group announced today.