By The Associated Press
MORE NEWS: Billionaire Warren Buffett's company, Berkshire Hathaway Inc., is buying the Waco Tribune-Herald, its second newspaper in Texas.
THE STRATEGY: This fits his stated interest in buying small and medium-sized newspapers in places with a strong sense of community.
WON'T STOP: Buffett has said his company is likely to buy more newspapers in the next few years, and Berkshire Hathaway will not try to influence the editorial policies of any of them.
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