
Sometimes a #nonprofit org will buy an ailing #newspaper to keep it from failing or being acquired by a for-profit corporation. -- See my old Twitter thread on a few examples:
https://x.com/petersuber/status/1356266979452203008
But I haven't heard of an ailing newspaper being bought by a 饾椆饾椂饾棷饾椏饾棶饾椏饾槅.
Good luck to the Ann Arbor Observer and its new owner, the Ann Arbor District Library!
https://aadl.org/node/647334
BTW, the newspaper will "continue to be available free to all permanent residents."