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The University of Chicago Graduate School of Business has received one of the largest gifts in its history.

In recognition of the gift from alumnus Charles Harper, the Hyde Park Center on the university’s campus will be renamed the Charles Harper Center.

Mr Harper gained his MBA in 1950. The retired chairman and chief executive of ConAgra Foods credits the school for his success in business.

Mr Harper does not wish the amount of the gift to be disclosed. Previous large donations to the school include $25m (€18.4m, £12.6m) from Dennis Keller, chairman of DeVry, the higher education company and $20m from Robert Rothman, chairman and chief executive of Florida Bank Group.

Chicago GSB has raised $283m of its $300m goal in its current capital campaign. The campaign is part of the wider university’s Chicago Initiative, which hopes to raise $2bn by the end of June next year.

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