Back plans to consult on closing Llanederyn High and move St Teilo's to the site and create a third Welsh medium secondary school at St Teilo's former site.
The school has long had a presence through NYU Polytechnic and announced last spring that it plans to create an applied-sciences institute at 370 Jay St.
Presumably today is a good day for Kurt Amplatz and his family, whose efforts not only to create the company but stick with it were vindicated with the billion dollar purchase by St.
This is because their promoters want to create a different rationale for investment, a direct reaction against the excesses of Wall St and the City, which in turn is an opportunity for people to invest money for returns that might not be measured only in dollars.