Corporations do more to put art on public display

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Posted: Friday, September 6, 2013 12:00 am

NEW BRUNSWICK, N.J. (AP) - Corporate art buying in North American has fallen off since the boom days of the 1970s and 1980s but even as the economy improves, some companies are buying less art but doing more to put their works out for the public to enjoy.

There are about 1,500 corporations in the world with art collections, with some of the largest held by banks and financial institutions, according to the International Directory of Corporate Art Collections.

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