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Partnership

NEWS
January 8, 2014 | By Maddie Hanna, Inquirer Trenton Bureau
TRENTON - A board created to oversee a new health sciences partnership between Rowan University and Rutgers-Camden would gain eminent domain powers under a bill that cleared the Senate budget committee Monday. The bill, sponsored by Senate President Stephen Sweeney (D., Gloucester), also would allow Rowan to enter into public-private partnerships, including for new construction. It would exempt the school - elevated to a state research institution as a result of the higher-education restructuring that took effect last year - from certain public bidding requirements, in line with existing law granting exemptions for state colleges.
BUSINESS
January 5, 2014 | By Thomas Fitzgerald, Inquirer Staff Writer
The Inquirer could be sold for the fifth time in less than a decade, as the two rival groups of co-owners battling for control of the newspaper's parent company are now seeking to dissolve their troubled partnership. After weeks of silence in the feud, the two sides now agree, in court filings that emerged Friday, that their differences were irreconcilable. They disagree, however, on how a sale should proceed. New Jersey businessman and Democratic leader George E. Norcross III on Friday asked a Delaware court to order a private auction among the five partners of Interstate General Media, which owns The Inquirer, the Philadelphia Daily News, and Philly.com.
NEWS
December 19, 2013 | By Jonathan Lai, Inquirer Staff Writer
While most Rowan University students hunched over final exams Tuesday, a small group, caught in a volleyball net wrapped around them, pretended to be fish. Jostling one another, they waved their hands and tried to get free. They were rescued by the kind but scary-looking "Big Al," a Rowan student paired with a Kingsway Learning Center student in the role of the performance's hero. A few minutes later, to celebrate the story's happy ending, the "fish" - also college students paired with Kingsway students with special needs - were all dancing to "We're All in This Together," the High School Musical anthem.
BUSINESS
November 15, 2013 | By Harold Brubaker, Inquirer Staff Writer
AtlantiCare, the dominant health-care provider in Atlantic County, has signed a letter of intent to join Geisinger Health System, an integrated health system in rural Pennsylvania known nationally for high quality and low cost, the providers said Wednesday. AtlantiCare had significant talks with seven health systems to find a partner that would help accelerate its move toward a model emphasizing health management rather than getting paid for discrete episodes of illness, David P. Tilton, AtlantiCare's president and chief executive, said.
NEWS
October 4, 2013 | By Susan Snyder, Inquirer Staff Writer
BLUE BELL Montgomery County Community College has forged its first international partnership, with a university in South Korea, making it easier for students to transfer there for a bachelor's degree. The "articulation agreement" between the college and Dongseo University in Busan may seem surprising, given a community college's traditionally local mission. College president Karen A. Stout said the partnership grew out of community interest and is part of a growing effort to expand the college's reach and global awareness.
BUSINESS
September 25, 2013 | By Erin E. Arvedlund, Inquirer Columnist
With the Federal Reserve intent on keeping savings rates low, investors are looking for income among master limited partnerships, especially those focused in the energy field. We caught up with one such investor, Kenneth Kaszak, a registered investment adviser in the Pittsburgh area who oversees $25 million for clients mostly invested in MLPs. He operates in the backyard of the Marcellus Shale, Pennsylvania's homegrown natural gas boom. "Public pension funds are now getting into MLPs, which should give them an added boost," Kaszak said.
NEWS
September 14, 2013 | By Vernon Clark, Inquirer Staff Writer
Hope has found a new home in North Philadelphia. Hope Partnership for Education, a private, nonprofit middle school, has moved from cramped rented space at a community center to a two-story building with room for the school and its students to grow. "I am overwhelmed by the idea that we have this space," said Sister Rose Martin, a Catholic nun and Hope's executive director and founder. "We are incredibly grateful to all the people who have invested in the dream that we have and care about the children.
NEWS
August 27, 2013
AS A PARENT of children in the Philadelphia school system, I can't help but notice that the Philadelphia School Partnership seems to be behind every misguided school policy reported on in this newspaper. Who supported the plan for massive school closings that will displace 14,000 students and disproportionately harm our most vulnerable students, while expanding unaccountable charter schools? Who takes private funds in order to shape district policy, but recently lobbied legislators in Harrisburg to deny Philadelphia schools $45 million unless the district implemented anti-teacher policies?
NEWS
August 2, 2013 | By Robert Moran, Inquirer Staff Writer
A judge ruled against former Pennsylvania State Sen. Vincent J. Fumo and in favor of one of his daughters Thursday in a bitter legal struggle over trust-fund money. Orphans' Court Judge Joseph D. O'Keefe appointed Sylvia DiBona, godmother to 23-year-old Allison Fumo, as trustee and declared the ex-senator's choice null and void. The elder Fumo created a limited partnership to benefit Allison Fumo and his son, Vincent E., now 44. The family partnership and related trusts were worth about $2.5 million to the children.
NEWS
July 11, 2013 | By Craig R. McCoy, Inquirer Staff Writer
Between tears and tissues, Vincent J. Fumo's younger daughter said from the witness stand Tuesday that she no longer has faith in him. "I don't trust my father, unfortunately," Allison Fumo, 23, testified. Her brother, Vincent E. Fumo, 44, said much the same. He said his father wanted to win "at all costs" - even if it meant draining every dollar from a $2.5 million trust fund set up for him and his sister. As the former state senator and Democratic powerhouse closes in on release from federal prison, the painful details of a new rift with his children were being laid bare in a fourth-floor courtroom in City Hall.
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