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July 29, 2014
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Tag: Berkshire Hathaway


Fortune Live Media (CC BY-ND 2.0)

Buffett Buys Newspapers, Bucks Dying Media Trend

The billionaire investor paid $142 million and offered hundreds of millions more in loans and credit to buy Media General, the owner of 63 local U.S. newspapers covering the American South.

Posted on May 17, 2012 READ MORE



Flickr / Wonderlane (CC-BY)

Buffett Pumps Up Bank of America

Warren Buffett’s company Berkshire Hathaway negotiated a $5 billion investment with Bank of America on Thursday, a vote of confidence in the recently ailing institution. (more) [Earlier Thursday, Truthdig erroneously reported the figure as $5 million.]

Posted on Aug 25, 2011 READ MORE


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