NEW YORK (AP) — In a surprising development, the Pittsburgh Post-Gazette, facing imminent closure, has secured a buyer that will allow it to continue operations. The historic newspaper, founded in 1786 as the first publication west of the Allegheny Mountains, was set to cease operations on May 3, leaving Pittsburgh without a city newspaper.

The new owners, Venetoulis Institute for Local Journalism, who also run the digital publication Baltimore Banner, did not disclose financial terms of the deal. Under this new management, the Post-Gazette will maintain its print editions on Thursdays and Sundays and will run its website on other days, ensuring continued local news coverage for the community.