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Saint Leo University expands its footprint, buying California school
The acquisition of Marymount California University gives Saint Leo a presence in five states, but faculty members question the cost.
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Marymount California University, newly acquired by Saint Leo University, is located in Los Angeles County. Under the merger, it will be renamed Catholic Benedictine. [ Courtesy of Saint Leo University ]
Published 3 hours ago
In a move to expand its reach, Saint Leo University announced Thursday that it has merged with Marymount California University.
Saint Leo president Jeffery Senese said in an interview that the university, based in Pasco County, would take control of Marymountâs buildings and property, valued at $60 million. The school is located in Rancho Palos Verde, a coastal city in Los Angeles County. As part of the deal, Saint Leo will take on about $3.7 million of Marymountâs debt. Other details of the transaction were confidential.
Saint Leo University will acquire Marymount California
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