Berkshire Hathaway's latest newspaper acquisition is in the home of Texas A&M.
Berkshire Hathaway's newspaper division is acquiring a small Texas paper in the home of Texas A&M University.
Berkshire's Omaha World-Herald Co. said Tuesday it will acquire the Bryan-College Station Eagle from the privately held Evening Post Publishing Co., of Charleston, S.C.
Purchase terms for the 20,000-circulation newspaper with 95 employees were not disclosed. But the deal fits with Berkshire CEO Warren Buffett's stated interest in buying small and medium-sized newspapers in places with a strong sense of community.
Last month, Berkshire announced a deal to buy 63 newspapers from Media General Inc. for $142 million. And Berkshire disclosed owning about 3.2 percent of newspaper firm Lee Enterprises' stock at the end of March.