Deal Struck To Sell Westminster Choir College To Chinese Steel Co. For $40 Million

Just a day after Princeton Theological Seminary announced that it has filed a lawsuit to stop the sale of Westminster Choir College, Rider University has finally revealed the potential purchaser of the school, a Chinese firm based in Beijing that runs private K-12 schools. The company, Beijing Kaiwen Education Technology Co., Ltd., … was called ‘Jiangsu Zhongtai Bridge Steel Structure Co’ until December of 2017. The company has only been operating schools since 2016.”