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Gunman, Hostages Reported Dead In Aurora, Colo., Standoff

Four people are dead inside an Aurora, Colo., home Saturday following a standoff with an "armed and dangerous" man holding hostages, police say. Aurora is the Denver suburb where a gunman opened fire in a movie theater last July, killing 12 and injuring many more.

The alleged gunman is reportedly among the dead. After several hours of negotiations failed, Police Sgt. Cassidee Carlson told the Associated Press he was shot and killed in and exchange of fire with police.

Police found three more bodies upon entering the home. A fifth person escaped without injury before officers arrived, but Carlson declined to elaborate.

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