Buffett: 'No thanks' on buying Tribune papers
Warren Buffett has been buying newspapers recently but says he's not interested in the big papers owned by Tribune Co.
Buffett spoke about his recent interest in the newspaper business on CNBC Monday. His Berkshire Hathaway will own 28 daily newspapers in small and mid-sized cities once its acquisition of the Tulsa World is complete.
When asked if he wants to buy a batch of papers that includes the Los Angeles Times and Chicago Tribune, he says, "No thanks."
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