by associatedpress on May 18, 2012
Media General announces sale of newspapers – In an announcement that drew national media attention Thursday, Warren Buffett s Berkshire Hathaway Inc. said it will purchase 63 newspapers, including The News & Advance and the weekly Amherst New Era-Progress and Nelson County Times, from Media General for $142 million. (Read more breaking news about ‘Media General’ here)
Buffett and Berkshire bet on print, buy 63 Media General papers – Warren Buffett's Berkshire Hathaway will spend $142 million in cash buying 63 of Media General's daily and weekly newspapers, along with their commercial printing businesses. Former paperboy and current Omaha billionaire Warren Buffett is throwing the weight of Berkshire Hathaway Inc. behind the newspaper industry, buying the majority of Media General Inc.'s papers months after picking up his … (Read more breaking news about ‘Media General’ here)
Tribune excluded from sale – Billionaire Warren Buffett and his investment firm are buying every newspaper in the Media General chain except the company's Florida publications, including The Tampa Tribune. (Read more breaking news about ‘Media General’ here)
Media General To Sell Most Newspapers To Berkshire Unit For $142 Mln In Cash – Media General To Sell Most Newspapers To Berkshire Unit For $142 Mln In Cash (Read more breaking news about ‘Media General’ here)
Buffett buys up 63 US newspapers – US billionaire Warren Buffett has made another foray into newspapers, buying 63 titles from Media General. (Read more breaking news about ‘Media General’ here)
Buffett Rides to Media General’s Rescue – Warren Buffett is famous for exacting a high price while serving as a lender of last resort for companies needing immediate access to cash, and this mornings financing deal with Media General has many of the hallmarks of a classic Buffett arrangement. (Read more breaking news about ‘Media General’ here)
Warren Buffett to buy Media General newspapers – Warren Buffett's Berkshire Hathaway Inc is boosting its bet on the newspaper industry, with a deal to buy the majority of Media General Inc's papers for $142 million in cash, making him one of the largest … (Read more breaking news about ‘Media General’ here)
Media General sells 63 newspapers to Buffett in $142mn deal – WASHINGTON – Media General has signed agreements with BH Media Group, a subsidiary of Warren Buffett's Berkshire Hathaway, for sale of all its 63 newspapers with the exception of the Tampa group, in a $142 million cash deal, the Richmond based media house said Thursday. (Read more breaking news about ‘Media General’ here)
Media General sells newspapers, except Tampa, to Berkshire Hathaway – Media General, the parent company of The Tampa Tribune, News Channel 8 and TBO.com, has announced the sale of all of its print operations – except for the Tribune – to BH Media Group, a subsidiary of Berkshire Hathaway. (Read more breaking news about ‘Media General’ here)
Buffett's Berkshire to buy Media General papers – NEW YORK — Billionaire Warren Buffett's company is making another foray into newspapers, agreeing to buy 63 newspapers from Media General Inc. for $142 million. (Read more breaking news about ‘Media General’ here)
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