Personal papers and books of the Rev. Dr. Martin Luther King Jr. are safe and sound.
Valued at about $30 million, the individual components of the collection were to be auctioned off to the highest bidders this week.
Dr. King's alma matter, Morehouse College in Atlanta, Georgia will receive the entire collection.
Corporate donors and philanthropists put up the money to secure the collection for Morehouse.
Andrew Young, an advisor of Dr. King, and Atlanta Mayor Shirley Franklin lead the effort to liberate the civil rights leader's archive from Sotheby's auction house.
I never had a doubt that this happy outcome would materialize.
Dr. King's papers are clearly one of the most valuable collections of 20th century history.
Among black history people, Dr. King's impact supersedes race.
His legacy as a Nobel Peace Prize winner proves how possible it is for one person to change the world.