After filing for bankruptcy, Jacksonville, Fla.-based SuperStock has agreed to be bought out by a group of three other stock agencies. Blend, RubberBall and Glow Images outbid Masterfile at $2.8 million for the assets of SuperStock. Masterfile originally planned to spend $1.5 million for SuperStock.

The new joint venture, called RGB, aims to keep SuperStock in business. The companies, however, will remain separate. Blend's Lanny Ziering has been named CEO of SuperStock, which owns a collection of 110,000 images...