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 the revelations of his falsehoods. Some colleagues even asserted that he was "taking one for the team" so as not to reveal the nature of his supposed CIA work. During his December 2013 deposition, Beale said that his relationship with his wife had been "profoundly affected" following the revelations. Beale was incarcerated at the Federal Correctional Institution, Cumberland and was released on June 1, 2016. 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