Warren Buffett, the acquisitive new press baron, has added another title to his stable - the Tulsa World, the second-largest newspaper in Oklahoma.
It sells 95,000 copies on weekdays and 133,000 on Sundays, while its online companion, Tulsaworld.com, is the best-read website in the Tulsa area.
Buffett (aka the Sage of Omaha) is buying the paper through his BH Media Group from the Lorton family, which has owned the paper for four generations since 1917.
The World becomes the group's 28th daily newspaper, which also owns 42 other titles plus monthly publications, magazines and related online publications in nine states.
The World will be BH Media Group's third largest paper behind the Omaha World-Herald in Nebraska and the Richmond Times-Dispatch in Virginia.
Last month BH acquired the North Carolina title, the Greensboro News & Record. Buffett's group has been on a newspaper-buying spree since May last year.
Discuss this topic @ Share Investor Forum - Register free
Read the full transcript of the October 24 2012 Squawk Box Interview with Warren Buffett
Download the 2010 Berkshire Hathaway Annual Report
Download the 1977 - 2011 Warren Buffett Letter's to Berkshire Hathaway Shareholders
Warren Buffett @ Amazon
![]() | Tap Dancing to Work: Warren Buffett on Practically Everything, 1966-2012: A Fortune Magazine Book by Carol J. Loomis Buy new: $16.66 / Used from: $11.95 Usually ships in 24 hours |
![]() | Warren Buffett's 3 Favorite Books: A guide to The Intelligent Investor, Security Analysis, and The Wealth of Nations by Preston George Pysh Buy new: $12.99 / Used from: $16.04 Usually ships in 24 hours |



No comments:
Post a Comment