The Columbian in Vancouver today announced that it has emerged from bankruptcy. It's the paper's lead story online.

Bank of America gets ownership of the six-story building constructed for the paper by the publisher's own company, Downtown Vitality Partners. The Columbian moved into the building in early 2008 but decided within the year to return to its previous location in a cost-saving move. The paper went on to declare Chapter 11 bankruptcy in May of last year.

Publisher Scott Campbell told employees this morning, "This county deserves to have a locally owned newspaper."

The Campbell family has owned The Columbian since 1921.