Does Warren Buffett know something about the newspaper business that the rest of the world doesn't? Whatever the case, Media General shares are rocketing n.
Richmond Times-Dispatch publisher Thomas A. Silvestri introduced Berkshire Hathaway executives including Terry Kroeger (from left) and Douglas Hiemstra.
Next month, his family-controlled Media General Inc. will sell the Richmond Times-Dispatch, the newspaper his great-grandfather acquired in 1887. "It is a very bittersweet day," said Bryan, chairman of Media General, the publicly traded company that
The purchase includes all of the newspapers owned by Media General, including the Daily Progress, with the exception of operations in Tampa, Florida. The Regional Chamber of Commerce will honor our region's Small Business Person of the Year next week.
