Rice-Baylor Merger Talks Collapse
This is huge.
Baylor College of Medicine and Rice University have ended 15 months of negotiations aimed at merging the two elite Houston schools.
In a joint statement sent to faculty staffs and students today, Rice President David Leebron and Baylor President Dr. William Butler gave no reason for the collapse of the talks. Just four months ago, they hinted a deal might be in place by the end of this month. (Todd Ackerman, The Houston Chronicle)