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ViewPoint: Drew Faust and old, white men: The changing role of university presidents
If your perception of higher education is that it’s led by aging white males, you’re right. According to a report released this week by the American Council on Education (ACE), the average college president in 2016 was a 62-year-old married white male with a doctorate.
One recent exception was Drew Faust, who was appointed Harvard University’s first-ever female president in 2007. The comings and goings of modern university presidents don’t typically warrant much public attention, but Faust’s…
Report: Staples could be taken private soon with $6B buyout
It appears the days of Framingham-based office retailer Staples Inc. as a public company could soon be over.
Reuters, citing three sources, reported on Thursday that private equity firm Sycamore Partners is in "advanced talks" to acquire Staples, whose bid for rival Office Depot (Nasdaq: ODP) failed last year. The deal, which could value Staples at more than $6 billion, could be announced as soon as next week, Reuters reported.
Staples (Nasdaq: SPLS) shares spiked about 7 percent on the news, trading…