Late businessman’s family donates $5M to Indiana Wesleyan

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Indiana Wesleyan University will soon build a new school of business.

The family of the late James DeVoe is donating $5 million to the school.

The DeVoe School of Business will soon house the university’s business programs.  The school says they’ll match the gift to build the new building.  It’s expected to open in a few years.

DeVoe founded the J.D. Byrider chain of used car dealerships in 1989. He died in a small plane crash in 2006.