Warren Buffet's Berkshire Hathaway investment firm has acquired 4.9% of Gannett. (Brief Article)
Broadcasting & Cable, December, 1994

Warren Buffett's Berkshire Hathaway investment firm has acquired 4.9% of Gannett. Reacting to the news last Thursday, Wall Street bid up Gannett's stock almost $4 to $51. Gannett said the Berkshire stake, valued at about $350 million, is Gannett's largest institutional investor.