Denver Post, Alden Global Capital, in May 2018. Former
Post journalists created
The Sun has acquired two dozen suburban Denver papers.
David Zalubowski
/ AP
Updated at 4:35 p.m. ET
A group of disheartened former
Denver Post editors and reporters launched an upstart news site 2 1/2 years ago, called it
The Colorado Sun, and hoped it could rescue local news coverage from the dictates of hedge fund owners and Wall Street investors.
On Monday morning,
The Sun announced had acquired and would operate a family-owned chain of 24 suburban newspapers around Denver in partnership with a new foundation focused on local journalism.
"These are the folks who are covering school boards, city councils, county commissions that no one else is covering," Larry Ryckman, the editor-in-chief of