Berkshire Hathaway, Warren Buffett’s Omaha-based business conglomerate, is buying the Omaha World-Herald Company, publisher of Nebraska’s principal daily newspaper, The World-Herald, as well as six other daily papers.
Mr. Buffett, Berkshire’s chairman and chief executive, and Terry Kroeger, the chief executive of the newspaper company, announced the purchase on Wednesday. No terms were disclosed. The deal is expected to be completed by the end of the year, pending approval of the Omaha World-Herald shareholders, including current and retired employees.
http://mediadecoder.blogs.nytimes.com/2 ... newspaper/
