December 15, 2000
U. of Oxford Sells a Share in Its Future
An investment bank has made a deal with the University of Oxford that the financial press is calling a world first and a possible model for other universities. The bank, Beeson Gregory, will pay for one third of a state-of-the-art chemistry building in the heart of Oxford in return for a share of the profits from any spinoff companies in the next 15 years.
The new chemistry facility, for which the company is contributing more than $28-million, is under
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