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Warren Buffett exits newspaper business and sells  his publications for  $140 million

Shortpedia

Content Team
Image Credit: Shortpedia

Lee Enterprises will acquire Berkshire Hathaway’s BH Media Group publications and The Buffalo News for $140 mn. This was declared by the company. The deal covers 30 daily newspapers in 10 states along with 49 paid weekly publications with digital sites and 32 other print products.Omaha World-Herald, the Tulsa World and the Winston-Salem Journal etc are some daily papers. Lee has been managing the BH Media since july 2018.