Denver Post tries to sell stake in Colorado Rockies

The Denver Post is trying to sell its 7.3% stake in the Colorado Rockies baseball team — a move that Denver’s alt-weekly hears is motivated by “dire” financial problems. The paper’s CEO, Ed Moss, says “there couldn’t be anything further from the truth.”

Moss tells Michael Roberts: “The attempt to potentially sell our stake really has everything to do with what I stated in our press release, and what [MediaNews CEO] John Paton has been talking about, which is that we’re focusing on our core business.”

* CEO: Denver Post’s decision to sell Rockies isn’t a sign of financial turmoil (westword.com)
* Denver Post shopping its minority stake in Rockies (denverpost.com)

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