Publisher's Weekly reports that Kirkus Reviews will continue to publish while waiting for a potential sale to go through.
In an email to colleagues today, Kirkus Reviews managing editor and nonfiction editor Eric Liebetrau said the publication, which last month was said to be closing with staff leaving by the end of 2009, is working toward an arrangement with an acquiring company to continue publication. Liebetrau said details will be forthcoming in the next two to three weeks, but asked publishers to "please begin sending galleys to the appropriate editors immediately. We will publish a second issue in January, and then reassess the situation and hopefully continue publication in February and beyond."
Nothing is finalized, but clearly the staff at Kirkus is hoping that the sale will go through. No word yet on who the new buyer is.