Arizona State University in Talks to Take Over Thunderbird School - MELISSA KORN, Wall Street Journal

Arizona State University is in talks to take over the Thunderbird School of Global Management, in a deal that would keep the financially fragile Glendale, Ariz. business school alive, but in a radically different capacity. Arizona State and Thunderbird confirmed in a written statement late Thursday that they are in discussions to have Thunderbird join "the collection of colleges, schools and institutes which constitute ASU." The schools confirmed that both parties have agreed to a letter of intent laying out terms of the proposed "integration." Under the proposal, Thunderbird would remain an independent entity within Arizona State and wouldn't be folded into the university's W.P. Carey School of Business. http://online.wsj.com/articles/arizona-state-in-talks-to-take-over-thunderbird-school-1404416849