Denver Post’s Decision to Sell Stake in Colorado Rockies Not Sign of Financial Turmoil, CEO Says

By: Michael Roberts | Westword

Last week, the Denver Post announced a desire to sell its 7.3 percent stake in the Colorado Rockies — an asset acquired due to the Rocky Mountain News’s 2009 closure. A knowledgeable source tells Westword this move was motivated by dire financial problems at the Post — ones serious enough that they could lead to bankruptcy. But Post CEO Ed Moss denies this assertion while highlighting what he sees as progress in improving the paper’s economics.

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