Saturday, November 19, 2011
Megachurch Sold
It's official: The Crystal Cathedral has been sold to the Catholic church. The megachurch, founded by television evangelist Robert H. Schuller, is in bankruptcy and will use the $57.5 million from the Roman Catholic Dioceses of Orange to cover debt. A bankruptcy judge approved the deal this week. Members of the Crystal Cathedral will have to find a new place to worship.
Labels:
Business,
Catholic,
Megachurch Leaders
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