Idaho
Idaho State Board of Education to consider extension in U of I-Phoenix negotiations • Idaho Capital Sun
This story was originally posted on IdahoEdNews.org on June 26, 2024.
The University of Idaho and the University of Phoenix want more time to talk about a deal.
And the State Board of Education will meet Friday morning to discuss an extension — which could immediately net the U of I $5 million.
If the State Board signs on, the parties would have until June 10, 2025, to reach a deal that would move the for-profit online giant under the U of I’s ownership. The State Board first endorsed the $685 million purchase in May 2023. The deal has been mired in political and legal limbo for months. However, the U of I and Phoenix have continued to negotiate past an initial, nonbinding May 31 deadline.
“The extension will allow the (U of I) time to incorporate feedback from legislators and other Idaho stakeholders into the transaction and make amendments based on the feedback,” State Board staff said in a memo released late Wednesday afternoon. “There is no commitment to a closing at this time.”
The extension has been in the works for some time. Idaho Education News reported first on many of the basics in a May 28 article.
The State Board memo spells out the details:
- Phoenix and its owner, Apollo Global Management, would have a chance to negotiate with other would-be sellers, or pursue an initial public offering.
- The U of I would immediately receive $5 million for agreeing to an extension.
- The U of I could also receive additional “breakup” fees if the purchase falls through. If the June 2025 deadline comes and goes without a sale, the U of I would receive another $5 million. If Apollo finds another buyer or pursues an IPO, the breakup fees would total $15 million.
The fees to the U of I are designed to offset the university’s consulting and legal bills. As EdNews has previously reported, the U of I has spent some $11 million on due diligence as it has reviewed a Phoenix purchase; the bulk of those fees went to U of I President C. Scott Green’s former employer, Hogan Lovells, an international law firm.
In their memo, State Board staffers say the U of I remains bullish on a Phoenix purchase. The U of I says its Phoenix business model “remains intact and is growing stronger.” The U of I has maintained it could net $10 million or more in annual revenues from Phoenix operations.
The U of I also maintains that it can navigate some turbulent political waters — even after the state Senate voted down a bill in March designed to salvage the purchase.
“The parties … are committed to continue working collaboratively with legislators, through the 2025 legislative session if needed, to arrive at transaction acceptable to all.”
The board is scheduled to meet at 8:30 a.m. Friday.
Check Idaho Education News on Friday for coverage of the meeting. And click here for in-depth, exclusive Phoenix coverage from Idaho EdNews.
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Idaho
Southwest Idaho Health District votes to remove the Covid-19 vaccine
NAMPA, Idaho — In October, the Southwest Idaho Health District voted 4-3 to remove the COVID-19 vaccines from its facilities. So, what does this mean to the residents in their six-county district?
- Southwest Idaho Health District votes to remove COVID-19 vaccines.
- Board Chair Kelly Aberasturi explains his view on vote.
(Below is the transcript from the broadcast story)
Owyhee County Commissioner Kelly Aberasturi was one of the three who voted to continue providing vaccines because he feels taking the shot or not is an individual choice, and that the District shouldn’t get in the way of that. “I voted against it but not that I believe in the shot but because I believe it’s individual rights who can make their own decision.”
I asked Aberasturi what the discussion was like before they took the vote. “A couple of the commissioners are pretty conservative, and they just didn’t think that they should be giving out a vaccine that has negative effects on some certain individuals.”
To be clear, the CDC recommends everyone over six months get an updated COVID-19 vaccines and emphasizes they are safe. So where can you go to get one if you are in the Southwest District? I reached out to the Central District Health and they told me anyone can visit their Boise clinic by scheduling an appointment for their immunizations — no matter where they live or work. They accept most insurance and have options for those under-insured or uninsured. They won’t turn anyone away based on where they live.
The F.D.A.’s top vaccine official urges everyone eligible to get immunized.
Idaho
Obituary for Alton Herman Erickson at Eckersell Funeral Home
Idaho
Bruins’ Cronin Expresses Blunt Thoughts on Win Over Idaho State
The UCLA Bruins (4-1) have continued their hot hand on home court this season, staying undefeated at Pauley Pavilion with an 84-70 win over Idaho State on Wednesday night.
Coach Mick Cronin spoke postgame and was quite pleased with the majority of the game but not how his team finished.
“I thought for 30 minutes we played great, then we got up 28 and a bunch of guys were selfish,” Cronin said. “Their mind wasn’t on defense, just try to get a steal, get a layup, go down the other end, try to get mine. We became everything I despise in the last 10 minutes, but the first 30 minutes we were great.”
The Bruins likely should have won this game by way more than 14 points, but a lackluster performance down the stretch led to a much closer ballgame than projected. Cronin knows his team took their pedal off the gas and was very honest in his response to the performance.
Cronin is a straight-shooter in terms of coaching his team. He does it for the love of his players and the hunger to be great. He is not solely focused on winning conference titles and championships. Instead, he wants his guys to learn the game the right way and be ready for the next level.
“I always go in there and tell them the truth,” Cronin said. “Look at the second-half defensive stats, look at their offensive stats in the second half. Most of it is after we got up 28, which we were up 28 with 10:24 left in the game. ‘I got to get my stats,’ they actually think that matters when it doesn’t matter. No scout gives a damn about your stats, they’re watching the game, they’re watching how you warm up, they’re watching how you act, they’re watching how you compete. They’re not watching your stats, it’s comical. They’re watching your turnovers, your assists, your defense, your decisions, your shooting percentage, they could care less how many points you average.”
The Bruins’ leading scorer in the win was sophomore Sebastian Mack, who finished with 21 points and was 15-16 from the free-throw line. He only made three field goals and the rest of his scoring was produced at the charity stripe due to his ability to get to the rim and get fouled.
Cronin was pleased with how Mack has developed in just a few games this season. After an ugly performance in the loss to New Mexico, Mack has stepped his game up tenfold with three straight games with double-digit scoring and limited turnovers.
“He [Mack] got 16 free throws; again, I think some of that was the other guys — teammates made some shots which helped,” Cronin said. “But he’s just really improving in his pace, in his decision-making. I told him at halftime, I said, ‘I think they’re going to really pack the paint on you in the second half.’ As soon as I went to say it to him, he goes, ‘I know what’s coming.’ He’s a sophomore, he’s getting better, he’s shooting a high percentage. I’ve always loved his toughness, he’s a bright spot for us.”
The Bruins will get back at it on Friday night when they host Cal State Fullerton (1-4). They have just two more non-conference home games left before they start Big Ten play at Pauley Pavilion against the Washington Huskies. Cronin will continue to improve his guys before the real tests start.
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