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$50 Million Worth of Art Recovered

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<i> Associated Press</i>

Four valuable paintings stolen from the villa of a French-Lebanese businessman were found undamaged in a parked car early Tuesday after an anonymous phone tip, investigators said.

The Matisse, Modigliani and two by Degas--with an estimated total value of $50 million--were stolen Friday from Anthony Tannouri’s villa in the southern French resort of Cap d’Ail. He was in Geneva at the time.

The paintings were found in a car in a hotel parking lot near the Nice airport, officials said. They said the art appeared undamaged.

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