News Summary: Berkshire buys Waco newspaper

MORE NEWS: Billionaire Warren Buffett‘s company, Berkshire Hathaway Inc., is buying the Waco Tribune-Herald, its second newspaper in Texas.

THE STRATEGY: This fits his stated interest in buying small and medium-sized newspapers in places with a strong sense of community.

WON’T STOP: Buffett has said 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.

Views: 0

You can skip to the end and leave a response. Pinging is currently not allowed.

Leave a Reply

Powered by WordPress | Designed by: Premium WordPress Themes | Thanks to Themes Gallery, Bromoney and Wordpress Themes