Friday, April 6, 2012

Bankruptcy judge approves Baltimore Jewish Times sale

A U.S. Bankruptcy Court judge approved the sale of a Baltimore Jewish paper for $1.26 million.

Judge Nancy Alquist said Friday that she was "enormously pleased" with the outcome of a bankruptcy auction on Monday in which a group of investors purchased the Baltimore Jewish Times, The Baltimore Sun reported.

In an auction Monday, Route 95 Publications purchased Alter Communications, the publisher of the Baltimore Jewish Times, which was founded in 1919. Alter filed for bankruptcy in 2010.

Read the rest of the article at JTA

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