Tara Powers, spokesperson for owner Biblica, told Christian Retailing that it was "premature to share specific details," but that the Colorado Springs, Colo.-based ministry had "received interest from several companies to date."

The second-largest Christian distributor, STLD became part of Biblica in 2007 when U.K.-based Send the Light (STL)—which bought the business from founder Tom Torbett two years earlier—merged with the International Bible Society (IBS) to form a new global organization, IBS-STL. That new organization changed its name to Biblica in 2009.

Announcing the search for a buyer, Biblica CEO North America Doug Lockhart said that the move was part of an assessment of STLD's future, including "growing (it) within the Biblica ministry or seeking a new ownership partner to take the organization forward." If a suitable new owner is not found, he added, STLD would continue in business as part of the Biblica family.

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