July 30, 1999

American Donor Stops Payment on $30-Million Pledge to Israel's Technion

Payments on a $30-million pledge to the Technion-Israel Institute of Technology for a new business-and-management school have been frozen by its U.S. donor, William Davidson.

Mr. Davidson is president and chief executive of Guardian Industries Corporation, a glass manufacturer in Auburn Hills, Mich. He also owns the Detroit Pistons of the National Basketball Association.

At the time it was announced, in

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