Under the plan, Chapman University would purchase the campus for $50 million and allow the church ministry to lease and eventually buy back its core buildings.
Chapman President James L. Doti said he had not spoken to the board about the decision, but believes it is the right one for the ministry, founded by Robert H. Schuller in 1955.
The Chapman president instead talks about how his purchase it is the right one for the Schuller ministry.
You could not make this stuff up. What price an arms length transaction with integrity these days?