Warren Buffett’s Berkshire Hathaway Inc. is selling its papers to publisher Lee Enterprises Inc. for $140 million, an unusual admission by the billionaire financier that he views his newspaper organisation as unsustainable.
Mr. Buffett, a lifelong paper fan, has actually stated for years that Berkshire’s paper company decreased faster than he expected.
source https://jobsearchtips.net/warren-buffett-is-giving-up-on-newspapers/
No comments:
Post a Comment