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Anything is possible...
It depends on how much money somebody wants. The Fisherman Mag and Fisherman Press have new ownership and I don't think the book side of the business is that important to them.
But when you ask somebody to sell rights, they usually come back with a big number.
You need to weigh what is less risk, re-releasing an out of print book or doing a new one. A revised and updated edition of the same book may cost less to do than buying the rights to the old one.
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