Berkshire Hathaway finalizes terms on WPLG-TV buy

By on Jul, 2 2014 with Comments 0

Warren BuffetWarren Buffett’s Berkshire Hathaway added a television station to its media holdings with the acquisition of WPLG-TV Miami from Graham Holdings Co. The roughly $1.1 billion share-swap deal, which was announced in March, closed 7/1 after securing approval from the FCC.

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About The Author: Carl has been with RBR-TVBR since 1997 and is currently Managing Director/Senior Editor. Residing in Northern Virginia, he covers the business of broadcasting, advertising, programming, new media and engineering. He’s also done a great deal of interviews for the company and handles our ever-growing stable of bylined columnists.

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