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Buffett to buy 63 newspapers
BUFFETT'S NEW DAILY NEWSPAPERS
VIRGINIA:
• Richmond Times-Dispatch, Richmond (114,000 subscribers)
• The News & Advance, Lynchburg (27,000)
• Bristol Herald Courier, Bristol (25,000)
• The Daily Progress, Charlottesville (22,000)
• Danville Register & Bee, Danville (15,000)
• News & Messenger, Prince William County (13,000)
• Culpeper Star-Exponent, Culpeper (6,000)
• The News Virginian, Waynesboro (6,000)
MID-SOUTH:
• Dothan Eagle, Dothan, Ala. (28,000)
• Morning News, Florence, S.C. (23,000)
• Opelika-Auburn News, Opelika, Ala. (14,000)
• Jackson County Floridian, Marianna, Fla. (5,000)
NORTH CAROLINA:
• The Winston-Salem Journal, Winston-Salem, N.C. (58,000)
• Hickory Daily Record, Hickory, N.C. (18,000)
• Statesville Record & Landmark, Statesville, N.C. (13,000)
• The News Herald, Morganton, N.C., (7,000)
• The McDowell News, Marion, N.C. (4,000)
Also, 46 weeklies throughout the same region.Warren Buffett made good Thursday on his promise to buy more newspapers, agreeing to buy 63 daily and weekly newspapers in the Southeast for $142 million from financially troubled Media General Inc. of Richmond, Va.
The newspapers, in Virginia, North Carolina, South Carolina, Alabama and Florida, would be combined with the Omaha World-Herald Co. into a new Berkshire Hathaway Inc. division called BH Media Group. They would be managed by World Media Enterprises, a new sister company of The Omaha World-Herald.
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