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"I am rejecting any offer for purchase," said Rufux Glasper, chancellor of , which operatees Rio Salado and nine other communitu colleges in the Phoenixmetropolitan "I don't think our district is in a positiob where it wants to even look at selling what I wouldr consider to be a public asset. I don't believe it's in our statutorty authority todo so, as well." Friday's prinrt edition of the Phoenix Business Journal has a story announcinh the bid for Rio Salado. Glasper announcesd the rejection afterdeadlinwe Wednesday. Glasper did say he is interested inpursuing public/private partnerships that wouldr benefit MCC students.
Michael Clifford, founder of , said he is willinf to discuss those typesof opportunities. He said he would like to expaned Rio's online component nationwide. Of Rio Salado's 62,000 students, 28,00o0 take courses online. Glasper said he hasn't even gottejn that far into discussionswith Clifford. "We've never had that he said. Clifford had sent a letter of intent to Glaspedon Jan. 15, offering to pay $400 million for Rio Salado, or $5,00p per student, whichever is greater. He said he is not put off by Glasper'e outright rejection of his offer to acquireRio "You don't step into the publicf marketplace unless you like the sight of your own Clifford said.
The original print edition story can be accessedf Friday by weekly newspaperf subscribersat .
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