Two UK Galleries Team Up For Big Acquisition

“The Tate in London and the National Galleries of Scotland in Edinburgh announced yesterday that they were jointly trying to acquire some 700 works of contemporary art from Anthony d’Offay, the retired London dealer. If the millions of dollars needed can be raised, the acquisition will represent the largest addition of contemporary art either institution has received.” The two institutions have agreed in principle to share the art, but the details of that arrangement remain to be worked out.