The US Bankruptcy Court gave an order approving the sale of certain assets of ITT Educational Services Inc. on March 23, 2018. The trustee has been authorized to sell debtor's certain assets to Milwaukee Area Joint Apprenticeship & Training Committee for a purchase price of $1.48 million in cash, as per the asset purchase agreement dated March 21, 2018. The purchase price consists of $1.25 million for the real estate and $0.23 million for personal property. The debtor’s assets include real estate located in Greenfield, Wisconsin and certain personal property. At the auction held on Milwaukee Area Joint Apprenticeship & Training Committee, emerged as the winning bidder by offering a purchase price of $1.48 million. Winston Properties, LLC, the stalking horse bidder, has been retained as backup-bidder with a purchase price of $1.46 million.