×
Newsmax TV & Webwww.newsmax.comFREE - In Google Play
VIEW
×
Newsmax TV & Webwww.newsmax.comFREE - On the App Store
VIEW
Tags: Warren Buffett | Berkshire Hathaway | Newspapers | Virginia

Buffett's Berkshire Hathaway Buys 2 Small Virginia Newspapers

Tuesday, 31 March 2015 10:19 AM EDT

Warren Buffett's company has added two small Virginia newspapers to its collection of more than two dozen small and medium-sized newspapers.

Berkshire Hathaway Media said Tuesday that it had acquired The Martinsville Bulletin and the Franklin News-Post in Rocky Mount, Virginia, from Haskell Newspapers.

Terms of the deal are not being disclosed. Berkshire Hathaway owns 31 daily newspapers and dozens of weeklies in 10 states, including several in Virginia.

Berkshire said the Martinsville paper has a 12,250 daily circulation that reaches more than 60 percent of the community. The Franklin paper publishes 5,100 copies three times a week.

Newspapers remain a relatively small part of Berkshire Hathaway, which owns an assortment of more than 80 subsidiaries and holds major investments in companies like Coca-Cola Co., Wells Fargo and IBM.

© Copyright 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


InvestingAnalysis
Warren Buffett's company has added two small Virginia newspapers to its collection of more than two dozen small and medium-sized newspapers.
Warren Buffett, Berkshire Hathaway, Newspapers, Virginia
129
2015-19-31
Tuesday, 31 March 2015 10:19 AM
Newsmax Media, Inc.

Sign up for Newsmax’s Daily Newsletter

Receive breaking news and original analysis - sent right to your inbox.

(Optional for Local News)
Privacy: We never share your email address.
Join the Newsmax Community
Read and Post Comments
Please review Community Guidelines before posting a comment.
 
Get Newsmax Text Alerts
TOP

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved
NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved