Swift Communications has sold the Greeley Tribune (Colorado ) to MediaNews
Group, the paper reported.
Hedge fund Alden Global Capital owns MNG. Among
MNG papers are The Denver Post and the Boulder Daily Camera.
The sale was due to be complete on March 1.
“With this change, the Greeley Tribune, its
staff and the community will benefit from the many resources that MNG has in
the region, as well as benefiting the long term interests of both companies,”
said Bill Waters, chairman and CEO, Swift Communications.
Left out of the sale was The Fence Post
Company, an independent Swift Communications company that includes The Fence
Post agriculture paper based in Greeley , as well
as other agriculture and country living publications based in Colorado ,
South Dakota and Wisconsin ,
the Greeley
paper said.
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