The trustees of Birmingham-Southern College said in statement Monday that a purchase agreement with Miles College to purchase the campus of the shuttered liberal arts school expired at 3 p.m. on Monday.

Miles College's bid to acquire Birmingham-Southern campus paused after purchase agreement expires. BIRMINGHAM, Ala. — Miles College said in a statement Tuesday that there has been a “pause” in their efforts to acquire the campus of the former Birmingham-Southern College.

Financial details of the deal were not disclosed, but a statement from BSC says the deal ended at 3 p.m. The schools signed a joint letter of intent for Miles College to acquire BSC on June 19, and a purchase agreement was executed Sept. 25. A closing date was scheduled for Oct. 25.

The Miles College purchase agreement for Birmingham-Southern College ended Monday, according to a news release from BSC. The deal ended at 3 p.m. after three extension requests from Miles, according to BSC.