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  1. #1
    azskeptic's Avatar
    azskeptic is offline Moderator 666 points
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    Story of investors who bought Ross from Dr. Ross and sold it to DeVry

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    Still skeptical after all these years.
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  2. #2
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    microphage is offline Useless Member 512 points
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    "
    A twisting path took Mr. Weld to Kentucky.


    He resigned as Massachusetts governor in 1997, hoping to become ambassador to Mexico. After his nomination foundered, he moved to New York and began working as outside counsel to an equity fund started by Jeffrey Leeds, a financier with whom he shared a love of the novels of Vladimir Nabokov. In January 2001, Mr. Weld became a full partner with Mr. Leeds. According to friends, Mr. Weld was eager to make money and liked the education focus of Mr. Leeds's equity fund, which was investing in schools and training. Its business model was to purchase schools, make them more valuable, and sell them for a profit. In 2000, Leeds paid $140 million to buy Ross University, a medical and veterinary school in the Caribbean, and three years later sold it for $310 million, Mr. Weld said."


    thats about all the story has of Ross Univ....
    Finally beat Super Mario Bros within 7 mins.

  3. #3
    azskeptic's Avatar
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    impressive

    Quote Originally Posted by microphage
    "
    A twisting path took Mr. Weld to Kentucky.


    He resigned as Massachusetts governor in 1997, hoping to become ambassador to Mexico. After his nomination foundered, he moved to New York and began working as outside counsel to an equity fund started by Jeffrey Leeds, a financier with whom he shared a love of the novels of Vladimir Nabokov. In January 2001, Mr. Weld became a full partner with Mr. Leeds. According to friends, Mr. Weld was eager to make money and liked the education focus of Mr. Leeds's equity fund, which was investing in schools and training. Its business model was to purchase schools, make them more valuable, and sell them for a profit. In 2000, Leeds paid $140 million to buy Ross University, a medical and veterinary school in the Caribbean, and three years later sold it for $310 million, Mr. Weld said."


    thats about all the story has of Ross Univ....
    You have to admit that is an impressive buy/sell though. Getting DeVry into the action was a master move....
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  4. #4
    microphage's Avatar
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    Quote Originally Posted by azskeptic
    You have to admit that is an impressive buy/sell though. Getting DeVry into the action was a master move....

    yeah but if I only had 300 million............. I could make.. "ONE MILLION DOLLARS"
    Finally beat Super Mario Bros within 7 mins.

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