December 10, 1999

Trinity College of Vermont Finds Financial Partner and Averts Shutdown

Trinity College will remain open, having found a financial partner to help avert a feared shutdown.

The Board of Trustees of the Vermont college had announced in July that Trinity would have to merge with another institution or close. But the college has gotten a reprieve because a partner has agreed to lease two dormitories. College officials declined to identify the tenant.

The college has also reached an agreement to refinance $1.4-million of its

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