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In 2011, to fulfill his lifelong dream to support MIT education, Dr. Bose gave to MIT the majority of the stock of Bose Corporation in the form of nonvoting shares. Under the terms of the gift, dividends from those shares will be used by MIT to sustain and advance MIT’s education and research mission. MIT cannot sell its Bose shares, and does not participate in the management or governance of the company.

 

RIP Amar Bose.

 

Kevin Gilmore, thank you for that link.

Posted

RIP Dr. Bose.  I've known several folks who worked at Bose, and as a corporation liked it a lot.  Too bad they took his work and made it into primarily a marketing and legal-driven audio company....

  • 3 weeks later...

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