Amity University has cancelled its plans to buy two campuses in the US after facing scrutiny from state officials in Massachusetts. The Amity University chain filed paperwork in July proposing to buy the New England Institute of Art, located near Boston, and the Art Institute of New York City, which are now owned by the Pittsburgh-based Education Management Corp. But Education Management Corp. officials said Tuesday that Amity has withdrawn from the proposed sale. Officials from Amity, which is based in New Delhi, did not immediately respond to requests seeking comment. The Amity chain has spread rapidly from India in recent years, opening campuses in England, China, South Africa and five other countries.
Source: Hindustan Times November 02, 2016 05:35 UTC