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NCF Makes $10.5 Million Counter Offer to State

August 15, 2019
NCF Makes $10.5 Million Counter

Martinsville, Va. (Aug. 15, 2019)The New College Foundation Board of Directors has made a $10.5 million counter offer to the Commonwealth of Virginia’s Department of General Services (“DGS”) in response to its unsolicited bid to purchase the property currently occupied by New College Institute (“NCI”).  The law firm representing the Foundation communicated the offer to DGS.  READ MORE.