Friday, Oct 28, 2016
One of America's Great Newspapers ~ Toledo, Ohio


Buffett’s firm to buy newspaper company

OMAHA — Warren Buffett said Wednesday that Berkshire Hathaway Inc. is buying the Omaha World-Herald Co. and expanding the firm’s newspaper holdings despite Mr. Buffett’s misgivings about the industry.

Terms of the deal, which is subject to approval by the newspaper’s employee owners and other shareholders, weren’t disclosed.

The deal also includes daily newspapers the World-Herald owns in Council Bluffs, Iowa, and Grand Island, York, Kearney, North Platte, and Scottsbluff, Neb. Berkshire owns the Buffalo News and it has a sizable investment in the Washington Post Co.

Click to comment

Quis autem vel eum iure reprehenderit qui in ea voluptate velit esse quam nihil molestiae consequatur, vel illum qui dolorem?

Temporibus autem quibusdam et aut officiis debitis aut rerum necessitatibus saepe eveniet.

Copyright © 2015 Toledo Blade

To Top

Fetching stories…