DATE: September 26, 2007

Fisk University and Museum of Wal-Mart Heiress Agree to Share Prized Art


Fisk University's board of trustees has agreed in principle to share ownership of its prized Alfred Stieglitz Collection with the new Crystal Bridges Museum of American Art in Arkansas in exchange for $30 million, the two sides announced on Tuesday.

The agreement, subject to approval by a chancery court judge, would entitle the university and the museum to display the 101 works in the collection for equal amounts of time, they said. Crystal Bridges is scheduled to open in Bentonville, Ark., in 2009.
By Theo Emery
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