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 Stephenson (actor) starring John Wayne. Stephenson provided the voice for commercials of the era, including spots for Peter Pan Peanut Butter featuring character actor Jesse White. For several decades, he worked for Hanna-Barbera Productions, performing for many of its 1960s and 1970s animated television series. His first role for the company was for The Flintstones's eleventh episode, "The Golf Champion". He played The Golf Commentator, a lodge member and Left-Foot Charlie. Stephenson's most notable role for Hanna-Barbera was as Mr. Slate, Fred Flintstone's hard-edged boss at Slate Rock and Gravel Company. He played Mr. Slate from the original series up through to