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Gazette Newspaper Acquired By Anschutz

DENVER (AP) — A Denver-based media company owned by billionaire Phil Anschutz has purchased The Colorado Springs Gazette.

Colorado's second-largest newspaper announced Friday that Anschutz's Clarity Media Group purchased The Gazette from Freedom Communications Inc.

Terms were not disclosed.

Anschutz's media company also publishes The Weekly Standard magazine and The Oklahoman and Washington Examiner newspapers. The Anschutz Corp. also owns two Colorado Springs landmarks, the Broadmoor hotel and the Pikes Peak Cog Railway.

The Gazette reported Friday that Dan Steever would remain president and publisher. The newspaper was founded in 1872 and had been part of Freedom Communications since 1946.

(© Copyright 2012 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)

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