Private Equity

Michigan Regents blast private equity deal for Big Ten as ‘bailout’


Flint – A unified University of Michigan Board of Regents could jeopardize the Big Ten’s pursuit of a $2.4 billion private equity deal that would flood the league’s 18 members with an influx of funding.

Michigan held a previously scheduled meeting at the Riverfront Center at the University of Michigan-Flint on Thursday. It was presided over by interim president Domenico Grasso, the former chancellor of the University of Michigan-Dearborn, as the university continues its search to find a new president.



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