Word: mergers
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...merger, the student membership of the now-defunct D.U. Club has been left out in the cold...
...merger will result in a new corporation, housed at 2 Holyoke Place, the current site of the Fly Club, according to Louis I. Kane '53, president of the graduate board of the D.U. Club. Income earned from rental of the D.U. clubhouse will go to support this new corporation, which will retain the Fly Club's name...
...Club grad board members were unavailable for comment on the merger. Undergraduates, however, said they were confused about the partnership...
Indeed, the merger may not do much to change the character of the Fly, because former members of the D.U. will not be extended automatic membership. Rather, D.U. members will have to undergo the punching process once again to gain admission to the Fly Club next year, Sprinkle said. This means that senior D.U. members, although considered graduate members of the merged entity, are now clubless...
...merger] screwed a lot of seniors and screwed a lot of juniors," said Sprinkle. "You can't punch into another club for the last six months of the year...