" Following months of in-depth discussions and consultation with key stakeholders, today the presidents of Northeastern University and Mills College announced that the two institutions have reached a definitive agreement to merge and establish Mills College at Northeastern University. The agreement has been signed by both presidents and approved by the governing boards of both institutions.
The merger will bring Mills College and its distinctive mission focused on access, equity, social justice, and women’s leadership into Northeastern’s global network, which includes campuses across North America and in London, England. Mills College at Northeastern will take its place alongside Northeastern’s existing colleges, and its educational programs will become gender inclusive. President Elizabeth L. Hillman will remain the leader of the college and retain her title as president."
An article from today’s Wall Street Journal about the merger. Quite long and detailed. Paywall but if you create a free account you should be able to read it, after clicking through all the options. The campus is valued at $1 billion and the endowment is $190 million. Northeastern assumes $21 million in debt and contributes $20 million to create the Mills Institute.
I always assumed that the WSJ readership to be an informed group but reading through the comments I now question that!