An Acquisition Deal Is Called Off

Trocaire College’s planned acquisition of Medaille University has been called off a little over a month after the two private institutions in Buffalo, N.Y., announced a deal. Discussions between the two have been ongoing since October 2021. Trocaire, a Roman Catholic institution, purchased six properties from Medaille in late 2022. But Trocaire’s plans to acquire Medaille have been reversed, according to a college statement announcing the  deal was off. The reasons for terminating the deal were not fully explained in the statement from Trocaire College president Bassam Deeb on Thursday.