Buffett’s Berkshire sells newspaper business, including hometown paper, to Lee Enterprises
28 Jan Buffett’s Berkshire sells newspaper business, including hometown paper, to Lee Enterprises
Posted at 14:14h
in
News
by KMFSLLP
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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