The GetOutdoors blog is reporting that Alpinist has finally been sold to a high bidder. No details yet on the identity of the buyer.
In the end, the final bid was for $71,000. That’s the bad news for the debt holders and/or investors given the millions that were pumped in. On the positive side, the new owners evidently plan to keep the magazine. At least that’s what we were told since we only wanted the online assets anyway.
It will be interesting to see what, if anything, comes of the sale.
(via Mountain Project)