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1 hour agoWarren Buffett's company takes a $350 million stake in The New York Times, 6 years after bailing on newspapers | Fortune
Six years after Warren Buffett sold off all of Berkshire Hathaway's newspapers and predicted unending declines for most of the industry, Berkshire disclosed a new $350 million investment in The New York Times on Tuesday. The somewhat surprising move highlighted the quarterly update Berkshire filed with the Securities and Exchange Commission about the company's stock holdings in Buffett's last quarter as CEO.
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