Warren Buffett’s company takes a $350 million stake in The New York Times, 6 years after bailing on newspapers
Six years after Warren Buffett sold off all of Berkshire Hathaway’s newspapers and predicted unending declines for most of the industry, Berkshire disclosed a new $350 million investment in The New York Times on Tuesday. The somewhat surprising move highlighted the quarter...
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fortune.com
Warren Buffett’s company takes a $350 million stake in The New York Times, 6 years after bailing on newspapers
Six years after Warren Buffett sold off all of Berkshire Hathaway’s newspapers and predicted unending declines for most of the industry, Berkshire disclosed a new $350 million investment in The New York Times on Tuesday. The somewhat surprising move highlighted the quarterly update Berkshire filed...
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