Saatchi Seeks New Buyers

Though Charles Saatchi offered his $38 million collection to the U.K. as a public gift, negotiations on the terms recently broke down. The contention was said to be over whether Saatchi would be able to buy and sell art through a public vehicle like the proposed gallery. Although the Saatchi camp is looking for other partners in a museum endeavor, the potential relationship with the British government is not definitely over just yet.