November 13, 2008
New Gift Bolsters Oklahoma State After Risky Bet Sinks Original Donation
T. Boone Pickens gave $63-million to Oklahoma State University athletics last month to allow the university to complete renovations to its football stadium, after a prior gift he had made for that purpose dropped sharply while invested in his own hedge fund.
Oklahoma State University officials applauded the latest gift from the billionaire oilman.
"We just continue to be overwhelmed by Mr. Pickens's generosity," says Gary Shutt, a university spokesman.
But at least one
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