For Sale: Small Music College, Beloved by Some, Future Uncertain - David W. Chen, NY Times

Facing what it says are daunting fiscal challenges, Rider, now a university, hopes to sell Westminster to a for-profit Chinese company for $40 million. Under the proposal, the buyer, Beijing Kaiwen Education Technology, would maintain the choir college’s programs and staff in Princeton, while seeking to franchise the Westminster name. “It’s like passing on your child to the next parent and saying they can give them a better future than we can give them,” said Gregory G. Dell’Omo, Rider’s president. “Yes, it’s sort of a tough, sad decision, but it’s almost tough love.” https://www.nytimes.com/2018/05/07/nyregion/westminster-choir-college-rider-univesity-for-sale-chinese-kaiwen.html