KAILUA-KONA, Hawaii (AP) - Kamehameha Schools has decided against buying the campus of a private Kailua-Kona school that is closing at the end of the school year.
West Hawaii Today reports Kamehameha Schools withdrew its offer for the 14-acre Hualalai Academy campus last week.
Another private school has submitted another offer for the campus three miles north of Kailua-Kona.
Makua Lani Christian Academy says it's excited about possibly expanding its enrollment and programs through the purchase.
Makua Lani officials say they would move this summer if the sale is completed.
Hualalai officials said last fall they would close the high school because of financial problems. In January, they said the entire school would close at the end of the year. They said bank and private loans would keep the school open until then.
Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.