Inside Higher Ed posted reporting by Josh Moody, "A Crosstown Merger in Philadelphia: Saint Joseph’s University and the struggling University of the Sciences merged on June 1," on June 10, 2022.
Saint Joseph's College was founded in 1851 and the name changed to St. Joseph's University in 1978.
The University of the Sciences was founded as Philadelphia College of Apothecaries in 1821. The name changed to the Philadelphia College of Pharmacy in 1822 and to Philadelphia College of Pharmacy and Science in 1921. The latest name change to University of the Sciences in Philadelphia occurred in 1998.
You can read more on the Saint Joseph's website, "Saint Joseph’s University Completes Transformative Merger, Acquiring University of the Sciences Academic Programs and University City Campus."
If you are interested in recent trends for closures, mergers, and acquisitions access College Closures since 2009 in the index at the right of any College History Garden page. There are separate tabs for non-profit closures, for-profit closures, and one for mergers and acquisitions. Each tab includes basic information for the institutions, i.e., Carnegie Classification, sector, accrediting agency, and the IPEDS unitid.
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