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David Rubenstein Can't Wait To Make A Bunch Of Museums Very Happy From Beyond The Grave

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Add a copy of a 237-year-old newspaper to the precious historical documents to be pried from the Carlyle Group CEO's cold, dead hands.

The chief executive of U.S. private equity giant Carlyle Group bought a copy of the first newspaper printing of the U.S. Declaration of Independence for a record $632,500 on Tuesday, adding to his collection of historic documents for public view.

David Rubenstein, co-founder and co-CEO of the Washington-based asset manager, bought the printing of The Pennsylvania Evening Post from July 6, 1776, two days after American colonists declared their independence from the British crown.

It was the highest price ever paid at auction for a historic newspaper, said Seth Kaller, an expert and dealer in historic documents who represented the seller in the auction at the Robert A. Siegel Galleries in New York….

"He purchases these and then is putting them on permanent loan at important institutions so that more people can see them," Ullman said. "When he dies, he'll make them permanent."

Carlyle CEO buys 1776 printing of Declaration of Independence [Reuters]


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By Remy Steinegger, World Economic Forum from Cologny, Switzerland (World Economic Forum Annual Meeting Davos 2008) [CC BY-SA 2.0], via Wikimedia Commons Copyright by World Economic Forum by Remy Steinegger +++No resale, no archive+++

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