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Thread: St. George’s University Lands $750M Investment Deal

  1. #1
    Zedd is offline Junior Member 512 points
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    St. George’s University Lands $750M Investment Deal

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    So apparently SGU has sold the majority of its shares to a Canadian-based private-equity firm. I'm curious if anyone knows more about this deal, the ins-and-outs, and therefore the future of SGU students.

    A little about me:

    -I'm a US citizen about to enter the SGU January 2015 class.
    -How will this deal effect clinical rotation opportunities for my class?
    -How will this deal effect (or not) my chances of landing a US residency 4 years down the line; moreover, will there be more/less US residency positions when I graduate due to this investment taking place?
    -I like Nutella on toast; it's delicious.
    Last edited by Zedd; 09-30-2014 at 02:58 PM.

  2. #2
    thxleave is offline Elite Member 7201 points
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    Quote Originally Posted by Zedd View Post
    So apparently SGU has sold the majority of its shares to a Canadian-based private-equity firm. I'm curious if anyone knows more about this deal, the ins-and-outs, and therefore the future of SGU students.

    A little about me:

    -I'm a US citizen about to enter the SGU January 2015 class.
    -How will this deal effect clinical rotation opportunities for my class?
    -How will this deal effect (or not) my chances of landing a US residency 4 years down the line; moreover, will there be more/less US residency positions when I graduate due to this investment taking place?
    -I like Nutella on toast; it's delicious.
    I haven't heard much about clinical opportunities changing too much. I just think this just means more hands in the cookie jar. You have investors from Canada and Asia, that just spent hundreds of millions on the school. They probably want to see some cash back.

    There are "talks" about making the school more international. Such as people from Asia going to SGU, and going back to their countries afterwards. I don't know how they are planning to do that honestly.

    The deal probably not going to benefit us in getting residency if that's what you think. Trends show less residency position and more competition. School kinda sugarcoats it when you ask them about the residency shortage before you enter. One year into island tone changes, and they will be like "Yeah..... It's getting pretty tough guys.".

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    tkm2323 is offline Member 525 points
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    Quote Originally Posted by thxleave View Post
    I haven't heard much about clinical opportunities changing too much. I just think this just means more hands in the cookie jar. You have investors from Canada and Asia, that just spent hundreds of millions on the school. They probably want to see some cash back.

    There are "talks" about making the school more international. Such as people from Asia going to SGU, and going back to their countries afterwards. I don't know how they are planning to do that honestly.

    The deal probably not going to benefit us in getting residency if that's what you think. Trends show less residency position and more competition. School kinda sugarcoats it when you ask them about the residency shortage before you enter. One year into island tone changes, and they will be like "Yeah..... It's getting pretty tough guys.".
    I actually had a prof tell me he feels sorry for incoming students now since the school barely acknowledges the residency shortage. As for the details of the deal Zedd, the reason you haven't heard much about it is because none of the parties have released much information, and don't plan on it either. The deal is between two companies, not just a Canadian one, but an Asian one as well. Yes, the majority of shares have technically been sold but the chancellor still remains the largest singular share holder, so ownership of the school has in no way changed. Maybe they'll say more about it next term, because they haven't said jack so far. To sum it up, no one on this forum is going to be able to answer your questions besides with their own speculation and opinions.

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    thxleave is offline Elite Member 7201 points
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    Quote Originally Posted by tkm2323 View Post
    I actually had a prof tell me he feels sorry for incoming students now since the school barely acknowledges the residency shortage. As for the details of the deal Zedd, the reason you haven't heard much about it is because none of the parties have released much information, and don't plan on it either. The deal is between two companies, not just a Canadian one, but an Asian one as well. Yes, the majority of shares have technically been sold but the chancellor still remains the largest singular share holder, so ownership of the school has in no way changed. Maybe they'll say more about it next term, because they haven't said jack so far. To sum it up, no one on this forum is going to be able to answer your questions besides with their own speculation and opinions.
    I would feel sorry for them, but too busy feeling sorry for us about the residency shortage.
    laricb and tkm2323 like this.

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