Daniel Zuchnik | WireImage | Getty Images
Warren Buffett, a life-long newspaper fan and booster, is giving up on his bet that local news would help protect papers in small to medium-sized cities.
Berkshire Hathaway is selling its 31 newspapers to Lee Enterprises for $140 million in cash.
The deal includes Buffett’s home-town daily, The Omaha World-Herald, and The Buffalo News, a longtime…
Newspaper industry loses one of its last big backers in Buffett, who delivered Washington Post as a kid
Byusnewsr1-
Feb 1, 2020
By usnewsr1-
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