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You are here: Home Newsroom Education News Roundup Archive 2011 May 2011 Planned merger of charter school organizations dissolves

Planned merger of charter school organizations dissolves

  • 05-13-2011
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By Howard Blume/Los Angeles Times

A merger that could have created the state's largest charter-school organization has fallen through after both sides quietly backed away from the plan, officials said. A pending acquisition of financially troubled ICEF Public Schools by Alliance College-Ready Public Schools was announced in March. But by late April, ICEF Chief Executive Caprice Young had put together a financial plan that would allow the schools to remain independent. In response, the Alliance leadership suspended further consideration. The two locally based organizations are among the nation's largest charter-school operators. (more...)

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