Swift buys Morris' Western Slope newspapers

Posted: Friday, November 17, 2000

GLENWOOD SPRINGS, Colo. (AP) -- Swift Newspapers on Friday purchased Morris Communications Corp.'s newspapers on Colorado's Western Slope, including the daily Glenwood Post and five weeklies. Morris owns several publications in Alaska, including the Juneau Empire, Peninsula Clarion, and Homer News.

Terms of the Colorado transaction were not disclosed.

The Glenwood Post and Swift's Glenwood Independent will be merged into a new free newspaper, The Glenwood Springs Post-Independent, beginning with Saturday's editions, Swift Chairman Richard K. Larson said.

Also, The Summit Morning Sun, a free daily newspaper planned by Morris in Dillon, will not be published, Larson said.

Swift already owns the Summit Daily News, a free newspaper in nearby Frisco, and the Vail Daily, a free newspaper in Eagle County.

The deal also includes Morris' Citizen-Telegram of Rifle, the Valley Journal of Carbondale, the Eagle Valley Enterprise of Eagle, The Snowmass Village Sun and The Bargain Hunter of Glenwood Springs, all weeklies.

Larson said more than 30 employees would be laid off, mostly due to a ''fair amount of duplication'' in Glenwood Springs.

Larson said the deal was concluded early Friday.

Morris will keep searchcolorado.com and aspen.com, Web sites specializing in Western Slope news and information, but it plans to fold its free-circulation news sheet, also called aspen.com, which circulated in the ski town, according to Larson.

Morris owns 30 daily and non-daily newspapers, plus magazines, specialized publications and other holdings.

Swift also owns The Greeley (Colo.) Tribune, and daily newspapers in California, Nevada and Oregon.

There are two independent free-circulation dailies in the region, The Aspen Daily News and The Daily Trail of Vail.



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