Buffett Wouldn't Buy Most U.S. Newspapers "At Any Price"
Published: Saturday, 2 May 2009 | 12:45 PM ET
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Warren Buffett says Berkshire Hathaway would not buy most of the newspapers in the United States "at any price." He says the changing media environment now means newspapers "have the possibility of unending losses" and he does not "see anything on the horizon that causes that erosion to end."