Fisk U. Again Seeks to Sell Art Collection

October 12, 2010

Fisk University, whose efforts to sell a major stake in its multimillion-dollar art collection have repeatedly been quashed by a state judge, has submitted a new plan that seeks to avoid the major objections that previously have been raised, The Tennessean reported. According to the newspaper's account, the Nashville university's latest proposal would have it sell $30 million of paintings by Georgia O'Keeffe and others but ensure that the buyer -- the Crystal Bridges Museum of American Art -- cannot purchase the rest of the $73 million collection if Fisk's finances continue to deteriorate.

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