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FILE - In this Friday, Oct. 23, 2015, file photo, Margaret Spellings, president of the North Carolina public university system, makes comments after being elected by the University of North Carolina Board of Governors in Chapel Hill, N.C. North Carolina’s public university board is holding an emergency session amid news reports that Spellings is leaving as president of the state’s 17-campus system. In a statement, the University of North Carolina Board of Governors said it would hold an emergency session Friday morning, Oct. 26, 2018, to “consider an executive personnel matter.”  (AP Photo/Gerry Broome, File)

FILE - In this Friday, Oct. 23, 2015, file photo, Margaret Spellings, president of the North Carolina public university system, makes comments after being elected by the University of North Carolina Board of Governors in Chapel Hill, N.C. North Carolina’s public university board is holding an emergency session amid news reports that Spellings is leaving as president of the state’s 17-campus system. In a statement, the University of North Carolina Board of Governors said it would hold an emergency session Friday morning, Oct. 26, 2018, to “consider an executive personnel matter.” (AP Photo/Gerry Broome, File)

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