Fri August 29, 2014
Lawyer Says Rosa Parks Artifacts Sold For $4.5M
A lawyer says the purchase price for hundreds of items that belonged to civil rights icon Rosa Parks is $4.5 million.
The sale was made to a foundation run by Howard G. Buffett, the son of billionaire investor Warren Buffett.
Howard Buffett confirmed the purchase Thursday but declined to disclose the price. Lawrence Pepper, a lawyer for Parks' heirs, told The Associated Press it was $4.5 million, with 12.5 percent going to an auction house.
Pepper says 20 percent of the balance goes to Parks' relatives. The rest will go to the Rosa & Raymond Parks Institute for Self Development in Detroit.
Parks became a pioneer in the civil rights movement by refusing to give up her bus seat to a white man in Montgomery, Alabama, in 1955.
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