Founder Buys will Reopen Connecticut School of Broadcasting

[MadVlad]

I just saw on Fox 61 that the CSB is closed. This institution was a staple of CT business for decades, opening branches all over the country. This is a horrible loss.....

[beerbeer]

Not closed fling for bankruptcy. Their lender is screwing them.

[Mr. Brass Bonanza]

Their assets were seized by PNC and they had to shut down all 26 campus sites Wednesday morning. The founder of the school, who sold it in 2006, vows to at least get the Farmington campus open again. Students were going to graduate on Monday.

I had a mortgage with PNC and they're awful.

[mikel]

It would be nice if they reopened downtown. Maybe in the G.Fox building with CCC to create a bigger student scene. Student parking at the never-filled Morgan St. Garage would be fine.

[drc72]

Not closed fling for bankruptcy. Their lender is screwing them.

[The Voice of Reason]

Well to be fair PNC is a company in massive flux. the federal govt forced them to buy a larger bank and gave them billions to do it. Mind you PNC was not complaining, but imagine more than doubling the size of you bank. and the bank you were forced to buy had horrible lending practices, so your finances are now a little sketchy. I am sure that the school was quite behind on payments. not saying anything is good about it, just that the company the founder sold to likely was not as successful as a driving force and they likely made mistakes etc..

[Mr. Brass Bonanza]

The school will reopen next week so current students can complete their classes for this trimester and graduate. When, or if, the next trimester will begin is unclear.

[HartfordTycoon]

The founder is going to purchase and pretty much re-open the school with 11 campuses in 7 states. Great news!

Hartford Courant

Courant.com

Founder Buying Bankrupt Connecticut School Of Broadcasting

Hartford Courant Staff

12:27 PM EDT, May 18, 2009

Click here to find out more!

The man who founded the Connecticut School of Broadcasting in 1964 has won approval to buy back the bankrupt business and campuses in seven states for about $1 million.

Dick Robinson appeared alongside Attorney General Richard Blumenthal and Commissioner of Higher Education Michael P. Meotti Monday morning to announce the development.

"What's exciting about today and Dick Robinson's return to the Connecticut School of Broadcasting is it restores the luster and vision to its original priority, which is its students,'' Blumenthal said.

A federal Bankruptcy Court judge in Boston approved the sale to Dick Robinson earlier this month. Connecticut officials announced today that 11 schools in seven states would reopen.

[drc72]

The founder is going to purchase and pretty much re-open the school with 11 campuses in 7 states. Great news!

Hartford Courant

Courant.com

Founder Buying Bankrupt Connecticut School Of Broadcasting

Hartford Courant Staff

12:27 PM EDT, May 18, 2009

Click here to find out more!

The man who founded the Connecticut School of Broadcasting in 1964 has won approval to buy back the bankrupt business and campuses in seven states for about $1 million.

Dick Robinson appeared alongside Attorney General Richard Blumenthal and Commissioner of Higher Education Michael P. Meotti Monday morning to announce the development.

"What's exciting about today and Dick Robinson's return to the Connecticut School of Broadcasting is it restores the luster and vision to its original priority, which is its students,'' Blumenthal said.

A federal Bankruptcy Court judge in Boston approved the sale to Dick Robinson earlier this month. Connecticut officials announced today that 11 schools in seven states would reopen.