John Towers (businessman) Nick Stephenson and John Edwards, Towers formed Phoenix Venture Holdings (PVH) which bought Rover Group for £10 in April 2000. In addition they also bought the Studley Castle, a conference hotel. They subsequently purchased Midland Powertrain, MG Rover's engine plant from BMW for £20. Finally, for £50 along with an undisclosed sum from the Royal Bank of Scotland, they purchased Rover Capital, (now MG Rover Capital) a book of Rover car loans. Kevin Howe was appointed MG Rover's Managing Director in July 2000. In April 2005, MG Rover went into administration, following the collapse of takeover talks with Shanghai Automotive
John T. Towers John T. Towers John Thomas Towers (1811–1857) was Superintendent of Printing at the U.S. Capitol and the sixteenth Mayor of Washington City, District of Columbia, from 1854 to 1856. Towers was born in Alexandria, Virginia in 1811 to parents who had recently arrived in Virginia from Bingham, England. He was trained as a printer, joined the Columbia Typographical Society in 1834, and maintained several book and printing shops in Washington until 1852 when President Millard Fillmore appointed him superintendent of printing at the U.S. Capitol. (The position was the forerunner of the modern Government Printing Office.) Towers became involved in