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Warren Buffett's Company Buying Omaha World-Herald

Warren Buffett's Berkshire Hathaway company is buying The Omaha World-Herald Co., the publisher of the Omaha World-Herald. Teddy Kroeger, the current publisher, president and CEO, of the company will remain in charge. Barrons.com reports that Berkshire owns the Buffalo News and has a major stake in the Washington Post Company.

Warren Buffett says he is "extremely bullish" on his hometown of Omaha, Nebraska.

Here is Omaha World-Herald publisher Teddy Kroeger talking about the sale and a video of Warren Buffett addressing shareholders of Omaha World-Herald Co. Take a look:

Posted on 2011-12-01

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