Warren Buffett has purchased the Greensboro News & Record for an undisclosed amount. The paper, which has been owned by Landmark since 1965, has a daily circulation of 58,000 and is North Carolina’s third largest newspaper. Buffett’s Berkshire Hathaway also owns the Journal in Winston-Salem, and four other North Carolina dailies and six weeklies. It owns 26 dailies around the country.
Former News & Record editor: Why the sale is good for the newspaper.
* Warren Buffett’s newspaper group buys North Carolina paper (omaha.com)
* News & Record sold to Warren Buffett’s company (news-record.com)
* Earlier: Why Buffett is bullish on newspapers (jimromenesko.com)