The Roman Catholic Diocese of Orange, Calif., offered $50 million to purchase the Crystal Cathedral, the famed Protestant megachurch that is attempting to recover from bankruptcy.
The diocese — the nation's 11th largest — does not currently have a cathedral. The offer, which includes an immediate deposit of $250,000 and a secondary payment of $750,000, could provide creditors with relief by the end of the year, Bishop Tod Brown said in July.
© 2013 Augsburg Fortress, Publishers
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