Lenfests Give $35M To Prep School4/09/2000 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