Ivy League purchase

A 4ha dairy farm south of Auckland has been purchased by Harvard University for US$2.7 million. The Cambridge institution best known for churning out top college graduates bought the farm with 6 cows as a result of a liquidation-sale transaction finalised a few weeks ago. Harvard Management Co., which oversees the Ivy League school’s multibillion-dollar endowment fund, has made previous dairy-farm investments in New Zealand, taking advantage of depressed sales prices brought on by the recent global recession.


Tags: Boston Herald  Cambridge  Dairy Industry  Harvard University  

Virgin Media’s Tom Mockridge Connects UK Homes

Virgin Media’s Tom Mockridge Connects UK Homes

Virgin Media, with New Zealander Tom Mockridge at the helm, has connected more than a million homes to its ultrafast broadband network, in the latest sign that the roll-out of high-speed…