Rice-Baylor Marriage Proposal Falls Apart
A plan to merge Texas's only private medical school with a nearby top research university has collapsed. Baylor College of Medicine (BCM) and Rice University, both in Houston, had been talking for months about joining forces to create a research powerhouse and stabilize Baylor, which is in financial trouble. Rice faculty were bitterly divided about the proposal, however. Today, leaders of the two institutions issued a joint statement saying that they have "ended our discussions" and "decided it is in the best interests of both BCM and Rice University to strengthen the existing relationship without a formal merger."
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