Tito's yacht sells for pounds 1.4m

Tito's yacht sells for pounds 1.4m

Belgrade - After two unsuccessful auctions, the luxury yacht of the late President Josip Broz Tito sold for $2.1m (pounds 1.4m) to a Paris-based American millionaire, Belgrade media reported. The new owner, who did not want to be named, may turn the 390ft Galeb (Seagull) into a ship design facility, reports said. AP