The owners of Washington’s Jewish newspaper submitted the winning bid for The Baltimore Jewish Times at a bankruptcy auction.
Route 95 Publications, LLC, an affiliate of the WJW Group that owns the Washington Jewish Week, said it won Monday's auction to purchase Alter Communications, the publisher of The Baltimore Jewish Times and Style Magazine. The group's bid was $1.26 million.
The sale still must be approved by a US federal bankruptcy court judge, who reportedly will consider the issue on Thursday.
Alter Communications went into bankruptcy following an acrimonious legal dispute with its printer that had rendered uncertain the future of The Baltimore Jewish Times, a 93-year-old weekly.