AO Newslink

September 28th, 2012

Peter Brant via peterbrant.com Photo by Patrick DemarchelierPeter Brant is recapitalizing his newsprint business, according to state regulatory filings, by pledging 56 artworks to the lending arm of Sotheby’s (BID), including pieces by Warhol, Richard Prince and Jean-Michel Basquiat. Other filings show a pledge by Brandt of pieces to a unit of Deutsche Bank AG, including a 1963 Warhol that could be worth as much as $35 million.Read the full story via Bloomberg