Trocaire College Acquisition of Medaille University Is Off

Trocaire College's acquisition of Medaille University has fallen through, the institutions announced Thursday afternoon, and it's not clear what the collapse of the deal means for the future of Medaille. The two small private schools had been seeking to "integrate" since last fall and were on the verge of closing a deal that would allow Trocaire to acquire all of Medaille's assets including its Buffalo and Rochester campuses, as well as its programs, students, faculty and staff. Trocaire President Bassam Deeb didn't say why the deal fell through.