University of Michigan to buy former Pfizer campus

The University of Michigan says it will pay $108 million to buy the 177-acre Pfizer Inc. research facility in Ann Arbor that closed two months ago. The 2-million-square-foot campus will provide additional space for university research staff and encourage interdisciplinary cooperation. School officials project the facility will generate at least 2,000 jobs over the next 10 years.To read The Detroit Free Press article, click here.