Phoenix Venture Holdings Phoenix Venture Holdings Phoenix Venture Holdings (PVH), also known as the Phoenix Consortium, was a British company formed by four businessmen (John Towers, Peter Beale, Nick Stephenson and John Edwards). Following BMW's break-up of the Rover Group a financially complex deal involving a £500 million "dowry payment" from BMW, resulted in PVH purchasing the Rover marque in May 2000 for the notional sum of £10, relaunching the car company as MG Rover. MG Rover and related companies placed themselves in administration on 8 April 2005. Four years later and after spending £16m the Government finally released the report investigating the
John Stephenson (coachbuilder) Transportation. John Stephenson emigrated to the United States from Ireland with his parents, James and Grace Stephenson, when he was two years old. After attending public schools in New York City, he completed his education at the Wesleyan University in Middletown, Connecticut. At the age of 19, he became an apprentice to Abram Brower, the pioneer of the Broadway stage lines. Stephenson died at his summer home in New Rochelle, New York in 1893. In May 1831, Stephenson started his own business, the John Stephenson Company, on 667 Broadway where he built omnibus cars for Brower until a fire destroyed