Deals
Berkshire Adds Waco Newspaper, Expanding Media Wager
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Berkshire Hathaway Inc. agreed to buy the Waco Tribune-Herald to expand in Texas as Chairman Warren Buffett extends his bet on community newspapers.
The purchase from the Robinson family of the 34,000-circulation-daily newspaper is expected to be completed by July 31, according to an e-mailed statement today from Berkshire’s Omaha World-Herald Co. that didn’t disclose terms.