Colorado Springs Gazette purchased by Anschutz Corporation
Last Updated: 374 days ago
COLORADO SPRINGS, Colo. - About five months after its parent company was purchased by an investment group, the Colorado Springs Gazette has been resold.
The newspaper was purchased from 2100 Trust by the Anschutz Corporation. The deal was announced Friday by the corporation's Clarity Media Group and the Gazette, but terms of the sale were not disclosed.
The Anschutz Corporation, owned by billionaire Philip Anschutz of Denver, bought the landmark Broadmoor Hotel in 2011. The hotel purchase was part of a deal that also included The Oklahoman newspaper in Oklahoma City and the Manitou and Pikes Peak Railway Co.
According to the announcement on the Gazette's website, Ryan McKibben, CEO of Clarity Media Group, will serve as chairman for the newspaper. One of his first decisions, the announcement said, was to retain Dan Steever as president and publisher.
Steever became the publisher in September after the newspaper's parent company was acquired by 2100 Trust in July.
McKibben also appointed Joe Hight to the role of editor.
The Gazette was founded in 1872 and is the second largest daily newspaper in Colorado.
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