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June 06, 2012

Warren Buffett buys 3.2% stake in Lee Enterprises

Jim Romenesko :: Warren Buffett hoped Berkshire Hathaway could keep quiet about its investment in struggling Lee Enterprises, but the SEC wouldn’t allow it. On Tuesday, the billionaire investor disclosed that Berkshire purchased 1.66 million shares of Lee, or about 3.2% of the newspaper chain, earlier this year.

Continue to read Jim Romenesko, jimromenesko.com

June 06, 2012 at 02:54 PM |

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