By Kevin McCauley
Unification Church head and Washington Times founder Rev. Sun Myung Moon backed by a collection of fired staffers have bought the conservative paper from Moon's oldest son, Preston, for $1 and assumption of millions in debt and liabilities.
Ex-WT president and publisher Thomas McDevitt, chairman Douglas Joo and finance chief Keith Cooperrider are returning to their posts. They had been ousted by Preston Moon, who took control of the paper four years ago.
Circulation of the WT is about half of the 87K weekday circulation that it last reported in 2008. The paper employs about 130 people.
Restored management wants to expand sports, metro and entertainment coverage that had been sliced under Preston Moon's ownership.
Joo said the brand has had many ups and downs, but is now ready to blossom.