Reeling from its sudden loss of accreditation, Caguas-based San Juan Bautista School of Medicine is considering all its options, including going to federal court to fight back against what it considers a "precipitated and unfair" decision by the national accrediting authority for medical education programs in the U.S. and Canada, News is my Business has learned.
First BanCorp, parent company for FirstBank Puerto Rico announced Friday it has completed its previously announced capital raise of $525 million of common stock to institutional investors Thomas H. Lee Partners, L.P. and Oaktree Capital Management, L.P.
Basing the future of Puerto Rico’s economy on an uncontrollable factor, such as an amendment of the U.S. tax code, is not the safest route to take to achieve growth and is not the “silver bullet” the island needs to secure long-term stability, Sergio Marxuach, public policy director of the Center for the New Economy, said Thursday.
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