Your School Is Negotiating with Another School to Run a Joint

Your school is negotiating with another school to run a joint program. The other school is not sure that your college can handle the increase in students and tells your administration that it will join the joint-program initiative if your college increases its faculty. Based on this offer, two full-time tenure track faculty members are hired. Soon afterward the other college decides that it will not participate in the program and ends negotiations. What rights does your school have?