The University of Idaho to acquire University of Phoenix.

May 17, 2023

MOSCOW, ID. — Wednesday, May 17 — 

The U of I and the University of Phoenix intend, with proper approvals, to affiliate with the goal of increasing access to all learners, improving capacity for supporting all learners and helping all learners achieve their higher education goals. 
At this stage, the parties have entered into an agreement pursuant to which the newly created not-for-profit corporation affiliated with the U of I will acquire University of Phoenix. The transaction is subject to various necessary regulatory approvals and other actions that will take several months to accomplish.  Accordingly, it is expected that the transaction will be consummated by early 2024. 

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