Planned merger of charter school organizations dissolves
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...)