Bose donates most of his company to MIT
Maybe we will see some high quality Bose products afterall.....
NEW YORK (CNNMoney) -- Successful entrepreneurs often donate generously to their favorite causes, but here's a new twist: Amar Bose is essentially donating his company to his alma mater.
The Massachusetts Institute of Technology announced Friday that Bose, the 81-year-old founder of the sound system company that bears his name, has donated the majority of Bose Corp.'s stock to the school.
Bose donates majority of Bose Corp. stock to MIT - Apr. 29, 2011
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