David Zalubowski/APThe front page of the Perspective section of The Denver Post on Sunday, April 8, 2018. The Post's editorial columns pleading for new ownership resonated nationally.
A major Colorado company reported stellar profits last year. But here's the thing -- a lot of people think that company is on its deathbed.
The Post is owned by New York-based hedge fund Alden Global Capital. Nationwide, the dozens of newspapers owned by Alden posted a 17 percent profit -- about triple what comparable newspapers made. Doctor and other analysts say Alden’s strategy is to strip the newspapers of their profits for as long as possible.