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Andover Newton, Colgate Rochester drop plans for merger: Plans not "financially viable"

Andover Newton in the Boston area and Colgate Rochester Crozer in upper New York State—two seminaries with American Baptist ties—have agreed to end merger talks, saying that plans fell short of being “financially viable” due to “economic realities.”

Presidents of the two schools said they intend to keep exploring collaborative academic programming, according to a joint statement by Eugene C. Bay of Colgate Rochester Crozer Divinity School and Nick Carter of Andover Newton Theological School.