McDowell News: Lee Enterprises to buy Berkshire Hathaway newspaper operations; Berkshire Hathaway to finance all debt

Lee Enterprises, Incorporated (NYSE: LEE), a trusted local news provider and leading platform for advertising in 50 markets, has entered into a definitive agreement with Berkshire Hathaway to acquire BH Media Group’s (“BHMG”) publications and The Buffalo News for $140 million in cash.