VANCOUVER - B.C.-based publishing house Douglas & McIntyre, which faced an uncertain future after its owner entered bankruptcy protection, has been sold to another publishing company and will continue operating.

D&M Publishers Inc. announced its financial troubles late last year, setting off a restructuring that saw its two imprints, Douglas & McIntyre and Greystone Books, separated and sold.

Harbour Publishing, based on B.C.'s Sunshine Coast, says it has reached a deal to purchase Douglas & McIntyre's assets, saving the storied publishing imprint.

Last week, D&M announced it reached a separate agreement to sell Greystone Books to B.C.-based Heritage House Publishing.

Douglas & McIntyre was founded in 1971 by Jim Douglas and Scott McIntyre and has since published roughly 500 titles.

Greystone was founded in 1993.

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