Willamette University plans to acquire Pacific Northwest College of Art

Just three years ago, Willamette University, a private liberal arts college in Salem, Ore., announced plans to acquire the Claremont School of Theology. That process is still underway, with Claremont so far unable to find a buyer for its California campus and regulatory approval pending. Despite already managing one complex merger process, Willamette yesterday announced plans to begin another -- this time with the Pacific Northwest College of Art, a private institution in Oregon focused...