Berkshire Hathaway auxiliary BH Media Group has purchased The Free Lance-Star, adding to a journal land in Virginia.
The squeeze announced Thursday increases a Omaha-based BH Media’s daily journal count to 32, many of them opposite a South and Midwest. The association has 10 daily papers in Virginia, including The Richmond Times-Dispatch and dailies in Charlottesville, Roanoke and Danville, and scarcely 20 weeklies in a state. BH Media also owns a Omaha World-Herald.
Sandton Capital Partners had acquired a Fredericksburg journal and a affiliates during failure record in Jun 2014.
Terms of a transaction between Sandton Capital Partners and BH Media were not disclosed, a Free Lance-Star reported (http://bit.ly/1R1i61m).
The Free Lance-Star is a 31,700-circulation daily journal portion Fredericksburg and surrounding counties.