The Sunday Independent, which provides in-depth coverage of the sporting scene in the West Country, has been saved after its sudden closure two weeks ago.
Local businessman Peter Masters has stepped in to take over the 200-year-old title after the sudden death of its previous owner, Brian Doel.
The paper will return to news stands this weekend (23 April 2017), with the cover price increasing by 20p to £1.20.
Commenting on the take over, Mr Masters said “Like so many of our family of readers, I’ve read the Indy every Sunday all my life.
“There was no way I could stand aside and let such a loved and respected part of the West Country sporting scene pass into history.”
Editor John Collings said: “We have been simply overwhelmed by the messages of love and affection for the paper and we thank everybody for their support.
“This great news gives us a solid platform to continue and make the Indy even better.”
Seventeen jobs have been saved at the paper’s Liskeard, Cornwall, headquarters.