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 Gould Stephenson John Gould Stephenson John Gould Stephenson (March 1, 1828 – November 11, 1883) was an American physician and soldier. He was the fifth Librarian of the United States Congress from 1861 to 1864. He was referred to as the "librarian of the Civil War era" because Stephenson's tenure of librarianship covered almost the entire length of the war. Stephenson was born in Lancaster, New Hampshire to Ruben Stephenson and his wife Mary King Baker. As an adult he wanted to pursue a medical education. After training at the New Hampshire Medical Institution and Castleton Medical College, he moved to Terre