Former University of Minnesota President Nils Hasselmo died Wednesday morning at the age of 87 after more than a 20-year battle with prostate cancer. Hasselmo served as U-of-M president from 1988 through 1997 and is credited with restoring the “U” to a more stable footing and increasing accountability. The 1991 decision to close the U-of-M’s Waseca campus because of a budget shortfall came during Hasselmo’s tenure.