Media General: Buffett's Berkshire to buy Media General papers

Billionaire Warren Buffett's company is making another foray into newspapers, agreeing to buy 63 newspapers from Media General Inc. for $142 million. Berkshire Hathaway Inc. is also extending a loan to Media General and taking a 19.9 percent stake inby Andrew Beaujon Published May 17, 2012 11:50 am Updated May 17, 2012 11:54 am Amit Chokshi is the founder and owner of Kinnaras Capital Management, and he's been a constant pain in the collective neck of Media General's management

Read more ...