Apparently I got in on this story right at the tail end of the two-month period of uncertainty over the Press's fate. Prompted by bibliophile Drew Wagenhoffer, I collected some timely updates to the LSU Press saga. News items from last week, and this week report that the Press has survived, less $100,000 from the mother ship.
The Chronicle of Higher Education reports the story here. Press Director Mary Katherine Callaway says they need to retool, but is optimistic. The Press will now be able to celebrate its 75th anniversary next year. Just to be safe, BYOB.