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Published: January 14, 2008
ORU to accept $70 million gift; Board to be replaced
TULSA — Oral Roberts University regents voted unanimously today to accept an Oklahoma City family's offer of $70 million, Regents Chairman George Pearsons told students.
Details of the proposal will be released at a 6 p.m. news conference.
Pearsons said he will step down as chairman and will be replaced by Mart Green, whose family owns the Hobby Lobby store chain.
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