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Berkshire Hathaway auxiliary purchases Free Lance-Star

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.

Article source: http://www.miamiherald.com/news/nation-world/article52470555.html

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