ST Alpha - "(Switching a Blue to a for-profit company is tricky, tricky stuff.)" (Reading a Post)

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In response to "The overwhelming majority, including ours, are still non-profit. -- nm" by TFox

(Switching a Blue to a for-profit company is tricky, tricky stuff.)

Posted by TFox Mar 15 '10, 11:00

Some states have (probably correctly) agreed to let a Blue go for-profit... provided they pay back the value of their non-profit status as a lump sum to the state going back, say 3 or 4 decades. That tends to end the negotiations quickly.

I don't believe we've ever tried to be anything but non-profit, however.

Responses:

good to know. thanks. -- nm - znufrii Mar 15, 11:04 2
- (would that they all had remained that way) -- nm - znufrii Mar 15, 11:06 1
  - It's unfortunate for public perception that a Blue's non-profit status can't be assumed anymore. I agree with you. -- nm - TFox Mar 15, 11:07

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(Switching a Blue to a for-profit company is tricky, tricky stuff.)

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