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Wal-Mart Heiress Makes Bid For Fisk University’s Art
By Reginald Stuart
Sep 6, 2007, 04:53
Fisk University’s campaign to raise funds by selling key parts of its prized art collection has attracted a new suitor with a new approach – Alice Walton, the billionaire daughter of the late Sam Walton, founder of Wal-Mart stores.
Walton, in a letter sent late last month to Tennessee Attorney General Robert E. Cooper Jr., proposed purchasing half interest in the collection for $30 million in exchange for allowing it to be housed at her new museum in Bentonville, Ark., for six months a year. It would be housed at Fisk for six months a year...
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Wal-Mart Heiress Makes Bid For Fisk University’s Art