Warren Buffet purchases the Tulsa World

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Warren Buffett owned BH Media Group has purchased the Tulsa World.
Warren Buffett owned BH Media Group has purchased the Tulsa World.
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Updated: 2/25/2013 11:34 am Published: 2/25/2013 10:48 am

OMAHA, Neb. (AP) - Billionaire Warren Buffett's Berkshire Hathaway is buying the Tulsa World, bringing its newspaper unit to 28 dailies.

The privately held Tulsa newspaper has a daily circulation of 95,000. The sale was reported Monday by the Tulsa World and Berkshire's Omaha World-Herald, whose executives oversee the company's newspapers.

Terms of the deal, which is expected to close in March, weren't disclosed.

Terry Kroeger, who runs Berkshire's newspapers, says the Tulsa paper will be a great fit.

Beyond newspapers, Berkshire Hathaway Inc. owns clothing, insurance, furniture, utility, jewelry and corporate jet companies. It also has big investments in companies including Coca-Cola Co., IBM Corp. and Wells Fargo & Co.

(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

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The views expressed here do not necessarily represent those of KOKI FOX23 - Tulsa

Lockandload - 2/25/2013 3:35 PM
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you think Buffet will make it better? hahahahaha

Mayor Maynot - 2/25/2013 12:45 PM
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Wasted away in margaritaville. I wonder if this will move their comments back to public, instead of the misinformed misfits that are currently subscribers there. The majority of their journalism there is copy and paste from other scripts. No wonder they foster so many typos.
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