KM Financial Solutions | Buffett’s Berkshire sells newspaper business, including hometown paper, to Lee Enterprises
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Buffett’s Berkshire sells newspaper business, including hometown paper, to Lee Enterprises

Buffett’s Berkshire sells newspaper business, including hometown paper, to Lee Enterprises

Warren Buffett’s Berkshire Hathaway Inc
said on Wednesday it is selling its newspaper
operations to Lee Enterprises Inc, abandoning an
industry the billionaire investor had long supported and
defended even as its financial prospects deteriorated.

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