Oklahoma City based company Hobby Lobby is looking to buy the former St. Gregory's University campus.The university was opened back in 1875 in Shawnee, but the campus shut down last year due to financial issues.Documents filed Tuesday in U.S. Bankruptcy Court in Oklahoma City show Hobby Lobby has offered to buy the campus and its assets for $8 million, and that the university accepted the offer.KOCO 5 News has reached out to Hobby Lobby for a statement regarding the company's plan with the campus. Stay with us for updates.

Oklahoma City based company Hobby Lobby is looking to buy the former St. Gregory's University campus.

The university was opened back in 1875 in Shawnee, but the campus shut down last year due to financial issues.

Advertisement Related Content St. Gregory's University to suspend operations at end of semester

Documents filed Tuesday in U.S. Bankruptcy Court in Oklahoma City show Hobby Lobby has offered to buy the campus and its assets for $8 million, and that the university accepted the offer.

KOCO 5 News has reached out to Hobby Lobby for a statement regarding the company's plan with the campus. Stay with us for updates.