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Lifelong Frog
FWST: TCU shouldn't feel burned by law school deal
By Bud Kennedy
bud@star-telegram.com
TCU had its chance.
Ten years after trustees turned down Texas Wesleyan University's $60 million asking price for a turnkey law school, Wesleyan instead cut Texas A&M a discount for $25 million upfront and $2.5 million in annual rent.
If that sounds like a sweetheart deal for A&M, consider what Wesleyan kept: four blocks downtown near a commuter rail station, plus half the brand name of "Texas A&M School of Law at Texas Wesleyan University."
Is that worth knocking $35 million off the price?
Maybe so.
Should TCU have bought Wesleyan Law 10 years ago?
Read more here: http://www.star-telegram.com/2012/06/26/4061100/tcu-shouldnt-feel-burned-by-law.html#storylink=misearch#storylink=cpy
By Bud Kennedy
bud@star-telegram.com
TCU had its chance.
Ten years after trustees turned down Texas Wesleyan University's $60 million asking price for a turnkey law school, Wesleyan instead cut Texas A&M a discount for $25 million upfront and $2.5 million in annual rent.
If that sounds like a sweetheart deal for A&M, consider what Wesleyan kept: four blocks downtown near a commuter rail station, plus half the brand name of "Texas A&M School of Law at Texas Wesleyan University."
Is that worth knocking $35 million off the price?
Maybe so.
Should TCU have bought Wesleyan Law 10 years ago?
Read more here: http://www.star-telegram.com/2012/06/26/4061100/tcu-shouldnt-feel-burned-by-law.html#storylink=misearch#storylink=cpy