Berkshire Hathaway News

Warren Buffett's company Berkshire Hathaway announced a deal on Thursday to purchase 63 newspapers from Media General -- an industry that Buffett recently referred to as "declining." Berkshire Hathaway said it will purchase most of Media General's daily and weekly newspapers for $142 million in cash.

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In simple words, holding companies are companies that hold other companies. In fact, most of the world's most successful companies are holding companies e.g., Berkshire Hathaway .

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Thursday, May 17, 2012, will be remembered as a milestone in the history of our publications and our communities.

In early May, around 40,000 Berkshire Hathaway shareholders flocked to Omaha to listen to Chairman Warren Buffett and his partner, Charlie Munger, answer their questions for five hours.

When Warren Buffett speaks, Wall Street listens. The 81-year-old Chairman and CEO of Berkshire Hathaway has used his keen business sense to become one of the richest men in the world.

Richmond-based Media General Inc. has completed a financing deal with Berkshire Hathaway Inc.

Warren Buffett says his company is likely to buy more newspapers in the next few years, and Berkshire Hathaway will not try to influence the editorial policies of any of them.

Warren Buffett reaffirmed Thursday that he will take a "hands-off" approach to the 26 daily newspapers, including the Winston-Salem Journal, that a Berkshire Hathaway subsidiary is buying from Media General Inc.

Warren Buffett says his company is likely to buy more newspapers in the next few years, and Berkshire Hathaway will not try to influence the editorial policies of any of them.

Mega-investor Warren Buffett has seen the future, and it's written on newsprint.

At a time when local newspapers are making cuts, Warren Buffett says that he will continue to buy more papers in the future.

Warren Buffett says his company is likely to buy more newspapers in the next few years, and Berkshire Hathaway will not try to influence the editorial policies of any of them.

Warren Buffett's Berkshire Hathaway Inc is eyeing more newspapers, according to a memo posted on Jim Romenesko's media website.

Edina Realty is severing its ties with third-party websites like Realtor.com and Trulia.com, deciding that the loss of control over listings wasn't worth the extra exposure.

Newspapers have always been a vital part of my life and interests - from my first-paying job to my last, and from reading about my favorite sports team to reading about our president.

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