News & World Report ranks the business school 56th in the nation for its graduate programs. I was brought here with an explicit mandate to have a top-25 business school, Guthrie said. To do that, he said, takes substantial investment. Sometimes, though, investments of that sort collide with a universitys desire to obtain revenue from graduate education programs to fund other operations. We didnt lose money, Guthrie said. We lost against the context of how much they wanted from us. He added that he did not want his school to be seen as a cash cow for the rest of the university.
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Exclusive: BlackBerry bidders may want to carve up business – sources
However, one possibility is for a Canadian pension fund to team up with an investor to buy the whole company, which is currently worth a little more than $5 billion, one of the sources said. BlackBerry’s biggest shareholder, Fairfax Financial Holdings Ltd, has approached several large Canadian investment funds about forging a deal to take the smartphone maker private, Reuters reported last week. Fairfax has a 10 percent stake, and its chairman and chief executive, Prem Watsa, has left BlackBerry’s board already to avoid any possible conflict of interest as the company assesses its strategic options. Nevertheless, in recent days a few private equity firms have signed confidentiality agreements or have agreed to meetings with the company to gain access to the company’s books, the sources said, adding that the sale process was expected to start in a few weeks. BlackBerry declined to comment. The apparent lack of interest among private equity firms in the whole company underscores the challenges BlackBerry has been facing in competing with rivals such as Apple Inc’s iPhone and devices using Google Inc’s Android technology.
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