Touro Reaps $190-Million in Sale of Online Unit

By GOLDIE BLUMENSTYK

Touro College completed the sale of its separately accredited online division last week, for the previously undisclosed price of $190-million.

The sum is about five times the value of Touro's endowment. The college plans to put most of the money into its endowment but will use some for the medical school it recently...