Donation will help pay for business school building at Loyola University Chicago

From The Chicago Tribune: Michael Quinlan, former CEO of McDonald's, will give $40 million to the Loyola University Chicago business school, which will be renamed for him. The donation will enable the school to begin construction soon on a nine-story building on the school's Water Tower campus in downtown Chicago. Since 2005, the Water Tower campus has added a residence hall and student center, expanded the law school and built a new School of Communication.