Lee Enterprises to Buy Berkshire Hathaway Newspaper Operations; Berkshire Hathaway to Finance All Debt
January 30, 2020
January 30, 2020
DAVENPORT, Iowa, Jan. 30 -- Lee Enterprises, a provider of local news, information and advertising, issued the following news release on Jan. 29:
Lee Enterprises, Incorporated (NYSE: LEE), a trusted local news provider and leading platform for advertising in 50 markets, has entered into a definitive agreement with Berkshire Hathaway to acquire BH Media Group's ("BHMG") publications and The Buffalo News for $140 million in cash. Berkshire Hathaway is providing approximately . . .
Lee Enterprises, Incorporated (NYSE: LEE), a trusted local news provider and leading platform for advertising in 50 markets, has entered into a definitive agreement with Berkshire Hathaway to acquire BH Media Group's ("BHMG") publications and The Buffalo News for $140 million in cash. Berkshire Hathaway is providing approximately . . .