Presidents of the state’s public universities told the Iowa Board of Regents at its meeting in Ames on Thursday that they are eliminating departments and positions related to diversity, equity and inclusion and looking to support students on a more individualized basis. Iowa State University, University of Iowa and University of Northern Iowa have been […]
Barbara Wilson
Posted inCommunity/News
Bankruptcy judge approves University of Iowa’s purchase of Mercy Iowa City
The deal is finally done. On Monday, the judge overseeing the bankruptcy of Mercy Iowa City approved its sale to the University of Iowa. But the judge’s approval, which was needed for any deal to purchase Mercy’s assets, doesn’t mean all the details of the deal are in place just yet. “Mercy attorneys during a […]
Posted inCommunity/News
UI announces it has won Mercy Iowa City at auction, after the last purchase agreement collapses
Two weeks ago, Mercy Iowa City announced Preston Hollow Community Capital had won the bankruptcy auction for its assets, calling the Dallas-based specialty finance company’s $29 million bid the “highest and otherwise best bid.” All that remained was to finalize the provisions of the sales agreement for Mercy’s 234-bed Iowa City hospital, the Mercy Family […]
