Fisk University and the Stieglitz Collection: The ruling

The verdict is in: The Tennessean reports that a Nashville chancery court ruled in favor of Fisk University’s selling a half share of their Stieglitz Collection to Crystal Bridges, an Arkansas museum, to raise operational funds. There is a catch, however: the court ordered the university to set aside 2/3 of the sale—$20 million—in a trust to buffer any future financial troubles. Tennessee Attorney General Bob Cooper fought against the sale and has maintained that if it was approved it would deter potential local donors. Fisk University isn’t exactly thrilled, either.

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