If we are talking about the same two schools, this is my understanding of the situation.
RUMOUR has it that FTO No1 is indeed not as healthy as it could be and that FTO No2 has shown vulture type interest in purchasing No1 but No2's parent company, not being too happy with No2's finances and have refused to invest the capital required.
Apologies for the cryptic msg but following recent events on these forums I am treading very carefully
