Arthur's Return?

This rumor has been circulating for a bit now, but it looks to be true. I haven't seen this reported anywhere else, but I could be wrong. Jay Babcock, editor of Arthur Magazine, has completed the buyout of publisher Laris Kreslin's 50% of the company. According to Babcock in a slightly cryptic email sent Wednesday: "I now own everything." Who knows what this means for the future of Arthur Mag, but I would guess it'll probably continue to be printed under Jay's direction. Nice! Has anyone else heard anything about this?