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S&P lowers debt ratings for owners of Gazette and Denver Post

(A.P.) – A more severe decline in cash flow than previously expected has led to a lowering of debt ratings deeper into junk for newspaper publishers MediaNews Group Inc. and Freedom Communications Inc. MediaNews Group publishes the Denver Post, while Freedom is the parent of the Colorado Springs Gazette. Standard & Poor’s Ratings Services on… Continue Reading S&P lowers debt ratings for owners of Gazette and Denver Post