Warren Buffett is a smart man. That’s part of how he became the second-wealthiest man in America according to Forbes. One of his latest moves is just another stroke of genius in the business world, and it has put him in the national spotlight.
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Berkshire Hathaway Inc., a conglomerate-holding company based in Omaha, Neb., announced its purchase of the Waco Tribune-Herald on June 22.
Warren Buffett, the legendary business magnate, is the chairman and CEO of Berkshire Hathaway Inc.
The purchase, which was completed July 31 for an undisclosed price, was the second newspaper Berkshire Hathaway has purchased in Texas — the first being the Bryan-College Station Eagle.