The US Bankruptcy Court gave an order approving the sale of certain assets of ITT Educational Services Inc. on September 26, 2018. The debtor has been authorized to sell certain assets to Renewing Management Inc., the stalking horse bidder for a purchase price of $1.8 million in cash. The debtor’s assets include real estate located in Indianapolis, Indiana and certain personal property. The debtor did not receive any other competing bids for the purchase of its assets and therefore Renewing Management Inc. emerged as the winning bidder.