Lenfests Give $35M To Prep School

4/09/2000 8:00 PM Eastern

Washington-H.F. "Gerry" Lenfest and his wife, Marguerite, gave $35 million last Friday to the Pennsylvania prep school he attended.

The Lenfests, who said they previously gave the school $3 million, sold control of MSO Lenfest Communications Inc. to Comcast Corp. for about $7.2 billion in January.

"I'm happy to support Mercersburg financially to help it develop as a stronger institution," Lenfest said.

Sen. Arlen Specter (R-Pa.), at a ceremony marking the donation, praised the "capital investment in the future of America." He added: "We have a real capital investment today, and a real capitalist and a real investor."

-States News Service

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