ISU Business College gets $50 million gift

A big gift from two California benefactors means a new name for Iowa State's College of Business.  The university says the school will be renamed the Debbie and Jerry Ivy College of Business after the couple committed $50 million to establish an endowment.  The donation will establish a fund to provide the business college with about $2 million a year.  Jerry Ivy is a 1953 graduate of ISU.  The new name of the business school must be approved by the Board of Regents.