11 minutes ago

Big Ten Faces Backlash as University Boards Fight $2.4B Investment Proposal

University board members are pushing back against the Big Ten’s $2.4 billion plan to sell a 10% stake in its new private fund, Big Ten Enterprises, to UC Investments. The board members are saying they’ve been excluded from key details on how profits and control will work. “We’re weighing in on this horribly flawed process,” ACTA president Michael Poliakoff said.