Wesley College To Be Acquired By DSU
Delaware State University and Wesley College announced an agreement Thursday under which DSU would acquire Wesley in 2021.
According to DSU, it is the first time a Historically Black College and University has acquired a non-HBCU institution.
Wesley College had been facing mounting financial challenges, and had been examining several options. Operating budgets and other related expenses and logistics will be coordinated with DSU in the coming months.