(AP) - More than a month after an Oklahoma businessman offered debt-ridden Oral Roberts University a 62-million-dollar lifeline, the school's leaders still haven't decided whether to take the money.
In November, Mart Green, founder of the Christian office and school supply store chain Mardel, pledged 70 million to the school, which had revealed it's struggling with more than 50 million dollars in debt.
Green's pledge came days after Richard Roberts, son of the school's founder, resigned as president amid accusations he misspent university money to bankroll a lavish lifestyle.
Green gave 8 million dollars of the total immediately, with the remaining 62 million to come after a review of the school's financial records, leadership model and lawsuits filed against ORU last fall.
Green has asked for at least two seats for family members on the board of regents.
School officials are expected to discuss the offer again early next week.
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