Elite university on the brink
Wirtschaftswoche reports on Peter E. Rasenberger’s initiative to support the European Business School.
Wirtschaftswoche Online by Christian Schlesier
“The offer hit the campus in Oestrich-Winkel like a bombshell: Peter Rasenberger told the chairman of the Foundation Board of Trustees of the European Business School (EBS) that he was planning to invest well over a million euros in his former university. The proposition is not completely selfless: The management consultant is head of a group of alumni who aim to acquire shares in the university with private money. There are still some legal issues to be clarified, says EBS Dean Rolf Tilmes, but “basically, the Board has agreed to support the offer.”
This would be the first time in Germany that ex-students have taken a stake in their former alma mater on this scale …”