April 1, 2004

Carnegie Mellon U. Gets $55-Million; Other Gifts

  • Carnegie Mellon University's Graduate School of Industrial Administration, in Pittsburgh, has received $55-million from Marlene Tepper, and her husband, David. Mr. Tepper is president and founder of Appaloosa Management, a hedge fund in Chatham, N.J., and a 1982 graduate of the university. Most of the money -- $50-million -- will augment the business school's endowment, and the remaining $5-million will support faculty members and academic programs for students and

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