October 9, 1998
Allegheny U. Gets Fund From Sale of Health System
Allegheny University of the Health Sciences received financial help last week when a California-based health-care company agreed to give it a $60-million endowment as part of a deal reached in federal bankruptcy court.
The university, which has faced an uncertain future since its parent organization filed for bankruptcy in July, will also receive a $30-million lump sum and $33-million a year for at least three
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