The Philadelphia Daily News and Philadelphia Inquirer were sold to its senior creditors for $135 million as part of an auction following bankruptcy, the Inquirer reported today.

That included $105 million in cash, plus real estate, for the company that also owns Philly.com.

“Brian Tierney was extremely gracious in defeat. He pledged his support for a smooth transition. The senior lenders were very grateful,” Ben Logan, a lawyer for the committee of unsecured creditors, said about the CEO of Philadelphia Newspapers, which owned the dailies.

“We didn't make it,” Tierney said in the story. “I think I'll go home tonight and sleep like a baby, which means I'll wake up every hour crying.”