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 C. Beale John C. Beale John Charles Beale (born 1948) is a former senior policy advisor of the United States Environmental Protection Agency (EPA). Beale was convicted of felony theft of government property after it came to light in 2013 that he had defrauded the government out of $886,186 starting in 2000, primarily by pretending to be an agent for the Central Intelligence Agency (CIA). Beale was born in 1948 in St. Louis County, Minnesota to C. Gordon Beale, a minister of the United Church of Christ, and Marcella Beale, a nurse. He served in the United States Army as a medic