Warren Buffett is selling his newspapers for $140 million -- a fraction of what they cost him

REUTERS/Rick Wilking Warren Buffett is selling his newspaper business for $140 million to Lee Enterprises. Lee has managed Berkshire Hathaway's newspapers since 2018. Buffett bought 28 of the papers for $344 million in the early 2010s. He's also selling the Buffalo News, which he acquired for about $36 million in 1977. Visit Business Insider's homepage for more stories. Warren Buffett is selling his newspaper business for $140 million — a fraction of the $344 million he spent acquiring 28 dail...