Nov 30, 2011 6:29 PM
The newspaper industry is savoring some good news with the announcement that Berkshire Hathaway is taking over the Omaha World-Herald Company for $150 million. The deal represents a further expansion of newspaper holdings by Warren Buffett’s legendary company.
Posted In: Media & Publishing, Newspapers, berkshire hathaway, omaha world-herald, warren buffett
May 2, 2009 12:53 PM
Warren Buffett will keep the Buffalo News and a stake in the Washington Post Company (NYSE: WPO)—but won’t play white knight for the newspaper industry. The billionaire financier told shareholders at the Berkshire Hathaway annual meeting taking place today in Omaha, Neb., that newspapers face possible “unending losses” and that…
Posted In: Media & Publishing, Newspapers, berkshire hathaway, buffalo news, warren buffett
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