http://www.chron.com/disp/story.mpl/metropolitan/6811312.html Baylor, Rice merger talks collapse By TODD ACKERMAN Baylor College of Medicine and Rice University have ended 15 months of negotiations aimed at merging the two elite Houston schools. In a joint statement sent to faculty staffs and students today, Rice President David Leebron and Baylor President Dr. William Butler gave no reason for the collapse of the talks. Just four months ago, they hinted a deal might be in place by the end of this month. “Since we signed a memorandum of understanding in March of 2009, we have been in extensive discussions in an attempt to meet several conditions that both institutions considered to be essential for a successful merger.” the statement said. “We joined in a thorough and deliberate process that explored the many benefits and challenges a merger would entail. With the MOU due to expire this month, the leadership of both institutions decided it is in the best interests of both BCM and Rice University to strengthen the existing relationship without a formal merger.” In September, Leebron and Butler had written their communities announcing that the memorandum of understanding had been extended through Jan. 31 and pledging “to work hard to bring our discussions to a successful conclusion over the next four months.” todd.ackerman@chron.com
Maybe Jimmy Carter can sequester them at Camp David. "Think about your grandchildren (and that random clip in the 'Man in the Mirror' video)."
Methodist peeps must be ROFLing at this news. Too bad though Rice's research $$ would've been really nice.
What's going on with Houston and Teir One? I heard they are trying to get a Teir one in Dallas and another in Houston.
