Buffett Adds to Newspaper Collection

CREATED Feb. 25, 2013

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Omaha, NE - Warren Buffett is buying another newspaper.

The Tulsa World reports it will be sold to Berkshire Hathaway. The deal is expected to close next month.

The newspaper has a circulation of 95,000.

Berkshire Hathaway owns more than two dozen newspapers, including the Omaha World Herald. World Herald Publisher Terry Kroeger says the Tulsa purchase will be a "great fit".

Berkshire Hathaway Inc. also owns clothing, insurance, furniture, utility, jewelry and corporate jet companies. It also has investments in companies including Coca-Cola Co., IBM Corp. and Wells Fargo & Co.