Why Buffett bought Media General papers
Media General, Inc. (NYSE:MEG) shares price jumped on Thursday after Berkshire Hathaway Inc. took decision to make payment of $142 million for MEG's newspapers including the Richmond Times-Dispatch as Warren Buffett predicts that community-focused
The purchase includes all of the newspapers owned by Media General, including the Daily Progress, with the exception of operations in Tampa, Florida. The Regional Chamber of Commerce will honor our region's Small Business Person of the Year next week.
(WTVR) For months rumors have been flying about the sale of our hometown paper, The Richmond Times-Dispatch, and other properties of the profitable but deeply indebted Media General. Thursday, the news broke: Warren Buffett and his deep-pocketed and
by Andrew Beaujon Published May 17, 2012 11:50 am Updated May 17, 2012 11:54 am Amit Chokshi is the founder and owner of Kinnaras Capital Management, and he's been a constant pain in the collective neck of Media General's management over the past few
Aiming to Focus on TV, Media General Sells Newspapers to Berkshire Hathaway.
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