Route 95 Publications, LLC, which owns the Washington Jewish Week, submitted the winning bid of $1.26 million for Alter Communications, publisher of the Baltimore Jewish Times and Style Magazine.
Louis Mayberg of Route 95 said Monday that the 93-year-old Jewish Times would maintain its identity as a local newspaper with “Baltimore-based reporters covering Baltimore-based issues,” the Baltimore Sun reported.
In April 2010, Alter filed for bankruptcy amid a $1.2 million lawsuit filed by its former printer, H.G. Roebuck Son, Inc. Two years later, Roebuck’s bid of $905,000 at Monday’s bankruptcy auction came in third behind Route 95 and Baltimore Community Publishing, LLC ($1.25 million).
“This turned out to be, as far as I’m concerned, a very successful bidding and ending for the drama we’ve been through,” said Ronnie Buerger, co-publisher of the Jewish Times, according to the Baltimore Sun.