From Christian Post-For example, Episcopal Divinity School of Cambridge, Massachusetts, announced in 2017 that they were merging with Union Theological Seminary after reporting a net loss of about $7.9 million in assets since 2015.
The Rev. Kelly Brown Douglas, the first dean of "EDS at Union," said in a statement released in May 2017 that she was "excited for the challenge" and that "this isn't the typical bad news of a small seminary closing."
"This is the news that this place believed enough in its mission that it went out and found a way to carry that mission forward in a viable fashion, and found a way for the mission to grow," Douglas said at the time.
"EDS is going to continue. The EDS community has found the platform to do that, and they have found a partner in Union that shares their mission. I feel privileged to be a part of this next chapter in EDS' life."
More here-
https://www.christianpost.com/news/liberty-university-cuts-staff-school-divinity-enrollment-drops.html
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