Texas Wesleyan University and Texas A&M University have each announced its intention to enter into a long-term relationship that would include the acquisition by Texas A&M University of the Texas Wesleyan University School of Law.
The contemplated relationship and the acquisition of the law school by Texas A&M University remain subject to certain conditions and approvals including the negotiation, execution, and performance of mutually agreeable definitive agreements.
In Plain English
Texas Wesleyan University has signed a letter of intent with Texas A&M to work together to formalize and enter into this strategic partnership. Each university believes there is a mutual benefit for doing so. A Letter of Intent does not constitute nor represent that an agreement ultimately will be reached. Both parties, according to the terms of the Letter of Intent, have until June 1, 2013, to consummate the agreement.