Thread regarding Corinthian Colleges Inc. layoffs

Keep on mind any 'we have sold' rumors are totally false.

Multi million/billion dollar companies cannot buy and sell in a few weeks. Also DOE and accreditation bodies have to approve any sale. There might be interest and visitors and hope, but we are a long way from any closing of sales. (Btw, I hold out no hope any sale will go through, particularly in light of a criminal investigation. Due dilligence will likely reveal some interesting stuff.) it's not going to happen on a handshake and a pat on the back. That's not how business works.

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| 431 views | | 3 replies (last September 5, 2014) | Reply
Post ID: @OP+xrXsbSb

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I was talking to someone yesterday and they said the company already had a buyer and I was like I seriously doubt that. This person was insisting that it was true and I said whatever make you want to believe that. Then the next thing that was said blew my mind, especially since they are one of the people whose last day is 9/12...when the company is sold I will come back and work for the new owners.

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Post ID: @ZBS+xrXsbSb

I don't really care about that. I'm just tired of seeing the constant lies about buyers posted to this board!!

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Post ID: @5YY+xrXsbSb

Don't spoil wishful thinking with reality!

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Post ID: @3H4+xrXsbSb

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