January 27, 2009
Brandeis U. Plans to Close Its Museum and Sell Its Valuable Art Collection
Recession worries have claimed their latest academic victim: Brandeis University announced on Monday that it would close its art museum and auction off its collection of contemporary art, which includes works by Willem de Kooning, Jasper Johns, Roy Lichtenstein, Morris Louis, and Andy Warhol.
The Board of Trustees voted unanimously to shutter the Rose Art Museum, which was founded in 1961, and said it would use the proceeds from the sale to reinvest in the university "to combat
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