North Carolina State Sells Forest for $150 Million
October 30, 2013

North Carolina State University has sold a forest it owns for $150 million, The News & Observer reported. Conservationists have opposed the sale of the 79,000-acre forest. The university said that only a limited portion of the forest will be developed, and that students and faculty members will continue to be able to do research there. Officials said that the funds from the sale would go to an endowment that would support the university's College of Natural Resources.

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