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flag Promised $237.75M gift to Florida A&M University from businessman Gregory Gerami fails to materialize.

flag A promised $237.75M gift to Florida A&M University (FAMU) from businessman Gregory Gerami fell through. flag The donor had said funds were intended for students in need and the school's athletics department. flag Gerami refused to confirm or deny his role in a previous $10M donation to a South Carolina university. flag FAMU President Larry Robinson acknowledged the unfulfilled donation during the school's spring commencement ceremony.

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