Monday, October 04, 2004

What is Anschutz up to?

He's buying up little newspapers around the country according to this link on the Business 2.0 blog.  No one seems to have a really good guess (that I've seen), but Anschutz is known for picking up companies at the bottom (think pennies on the dollar) and bringing them back to the top.  Additionally, Anschutz invests in the long term, so it will be interesting to see what happens with this.

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