Warren Buffett Will Sell His Newspaper Empire

Berkshire Hathaway, the conglomerate run by Warren E. Buffett, announced on Wednesday that it had agreed to sell its 31 newspapers for $140 million in cash.

The buyer is Lee Enterprises, the publisher that has been managing the newspaper group’s operations for the past 18 months.

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2 thoughts on “Warren Buffett Will Sell His Newspaper Empire

  • January 29, 2020 at 12:29 pm
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    No surprise here. Warren Buffett knows exactly what the current health grade is for newspapers.

    Reply
    • January 30, 2020 at 2:52 pm
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      So do the people at Lee Enterprises!

      Reply

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