By
now, everyone has heard that The Scripps Research Institute (TSRI) is in talks to be acquired by the University of Southern California (USC). There
has been rampant speculation on the Internet that this is all about TSRI’s
funding problems and USC’s goal of improving its own US News rankings. Some
have even speculated that TSRI is incorporated in England, and USC will receive
incredible tax breaks following the merger. I’m here to tell you this is all
false.