Much of Alitalia’s, the Italian flag carrier’s, 20th-century art collection of Alitalia SpA was sold at auction for Euros 1.2 million ($1.8 million) last week. The painting, “Zeus Gave Birth to the Sun” by Gino Severini, pictured above, did not go at auction. It was expected to fetch around half-a-million euros and was ordered by the Italian government as part of the Alitalia bankruptcy proceedings.
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