LOS ANGELES, Dec. 23 -- Trustees of the financially troubled Museum of Contemporary Art have accepted a bailout from billionaire Eli Broad worth as much as $30 million and accepted the resignation of the museum's longtime director, the board said Tuesday.
L.A.'s MOCA Takes Bailout of Up to $30 Million
LOS ANGELES, Dec. 23 -- Trustees of the financially troubled Museum of Contemporary Art have accepted a bailout from billionaire Eli Broad worth as much as $30 million and accepted the resignation of the museum's longtime director, the board said Tuesday.