The Buffalo News is being sold to Lee Enterprises
https://buffalonews.com/2020/01/29/b...e-enterprises/The Buffalo News, after 42 years as part of Warren Buffett's Berkshire Hathaway, is being sold to Lee Enterprises, an Iowa-based chain that owns 50 newspapers, mainly in the Midwest.
With the $140 million deal, announced Wednesday morning, Lee will become only the third owner in the 140-year history of The News.
Analysts said they were not surprised by the deal. Lee has managed all of the 30 newspapers owned by Berkshire, except for The Buffalo News, since the summer of 2018.