Buffett takes a stake in Lee Enterprises

stltoday.com — Famed value investor Warren Buffett has taken a stake in Lee Enterprises, owner of the St. Louis Post-Dispatch. The Wall Street Journal reports today that Buffett's Berkshire Hathaway Inc. bought $85 million of Lee debt last November from Goldman Sachs Group. Berkshire reportedly paid 65 cents on the dollar on the debt.
Feels oddly validating: Buffett takes a stake in Post-Dispatch/@stltoday parent co., t.co/5LQSTE7G