Berkshire Hathaway Media Co. Adds Atlantic City Newspaper

Law360, New York (July 18, 2013, 10:58 PM EDT) -- The media arm of Warren Buffett’s Berkshire Hathaway Inc. will purchase The Press of Atlantic City, a mid-sized daily newspaper serving New Jersey’s Atlantic, Cape May, Cumberland and Ocean counties, according to a newspaper statement Thursday.

BH Media Group, a wholly owned subsidiary of Berkshire Hathaway, will purchase the daily from Pittsburgh, Pa.-based private holding company Abarta Inc., according to a statement from the newspaper’s interim publisher James W. Hopson. Terms of the deal were not disclosed, but it will make the Press the 30th daily...
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