129823520572500000_92Why did Buffett buy print?
TREKKER, Chief Executive of the Omaha World-Herald, "see, it's doing? "A group of schoolboys of Omaha, staring at a strange" robots ". Here is the printing plant of the Omaha World-Herald, rumbling machinery in the factory, is almost invisible in the workshop of the huge figure. A white "robot" from high shelves remove piles of newspapers andPackage, fold, and finally removed. It not much movement RADIUS, has been in a curved space, walking around, repeat the above action. Children are curious, tried to play a greeting and it in the past. Results of "robot" feel, turned and walked ahead. Then burst into joyful laughter in the workshop. The Omaha World-Herald
Diablo 3 CD-KEY, Director of public relations Qiao·longFloor of the Museum into the workshop everyone. In the Museum, one can even see the earliest industrial printing presses in the world. The Omaha World-Herald has been in existence for 124 years. In December 2011
SWTOR Credits, Buffett bought this historic newspaper. Outside are shocked about this. You know Warren Buffett on traditional print has always been "dismissed": more than 2008 years primary grams Hill · HA sub Wei company of annual meeting Shang, Buffett has open laughed at paper media of operations mode; 2009, Buffett in its annual of classic of for to shareholders of a seal letter under in the also wrote, readers are steering has Internet, emerging media, publishers of profit in fast loss, and "newspaper is a obsolete of mode
wow cd-key, will continued losses and does not back machine"; 2010, he still insisted that the newspaper's results "depressing" to throw cold water on this industry. However, the general meeting of shareholders of May 2012, Buffett has completely changed. He declared: "of the Omaha World-Herald is the United States one of the best newspapers, this is definitely a good bargain. The next time, I will buy more local newspapers."" I have not bargained with the Buffett "the Omaha World-Herald building is located in United States, Nebraska, Omaha city centre. Is amazing, it has 16 buildings. "If you have time, you can go to look at the museums and the printing plant. "Meet, TREKKER will tell of the pictorial on the Bund, Chief Executive:" we have set aside a special programYou will visit with Omaha students, it will be very interesting. "Last December, since Buffett bought the newspaper, TREKKER every day on the phone, email, and Twitter and have so many people have a message. "As the world's focus, the feeling was great. "He laughs. "Warren Buffett: why do you want to buy the Herald? "The reporter asked," youOne began to feel surprise? "TREKKER replied:" no, I'm not surprised. "In fact, Warren Buffett, and he's a genuine dialogue between the spent more than an hour. And promoting the process of the negotiations as a whole, less than two months. Late summer 2011, woerte·shige and Mogen·Bai fishing in Alaska. They had talked about an old problem--for the Omaha World HeraldHow to price paid in satisfaction of old employee ownership in the hands of, and let new employees will buy stocks? Mogen·Bai is qetesh Foundation trustee, the Fund owns 20% shares of the Omaha World-Herald; qetesh before woerte·shige is Chairman of the Foundation, is also a Berkshire Director, and he personally was very good. On October 3,TREKKER woerte·shige found, and the two talk. "I have full confidence in newspapers. "The latter said. So the woerte·shige decided to go to Warren Buffett. "Because this is purely a matter of capital. "The Omaha World-Herald has most advanced printing works throughout the United States. Number of subscribers, ranked tenth in the nation. Moreover, it is the United States's largest employee-ownedThe newspaper, its staff shares reached 80%. This unique advantage, newspapers remain the enduring quality, not after more than a century. Employee stock ownership is also hanging on the head of a "sword". "Older employees retire. New staff came in and were unable to buy the right kind of stocks, the power come from? "Like the TREKKER and woerte·shige," changeTime to ". "The only way, is foreign capital. "Woerte·shige first thought Warren Buffett. After half a month, news, Buffett purchased the initial intention. On October 24, the TREKKER was told: "Warren would like to look at your books. "That afternoon, the TREKKER to send people to send books to the Berkshire. The next day at 11 o'clock in the morning,TREKKER get Buffett's call: "Hi, do you can talk to? "1:30 P.M., saw him TREKKER. Two people only talk about 1.5 hours, Buffett issued price of US $ 150 million, buying newspapers. External debt of us $ 50 million but only on condition that the newspaper must be borne. "I did not bargain with him. "TREKKER says," this baseThis is the most perfect of a buyer. "Buffett has also set a rule:" I will not interfere with newspaper the news collecting and editing and marketing operation. You and your team are all preserved. "December 20, 3:48 P.M., all of the Omaha World-Herald reported, printing is paused a little. Because the TREKKER to the newspaper staff sent an e-mail: "Tomorrow at nine, all the shareholders to the meeting room. I have a very important message to share with you, it will affect the historical process of the newspaper. "" We also acquired a newspaper? "A reporter this conjecture. Nobody expected, Buffett purchased the Herald. That afternoon, holding employee voting by the merge. "If you look at the Washington PostAnd knew the Buffalo, New York. Buffett will not interfere with the neutrality of our newspaper. "We set tongues wagging. "The UH. I like best is to work at a full ownership of the newspaper. "Production Director kelisidi·geli like, said:" but I prefer to be working in Berkshire. "Newspaper on the carousel" he optimistic about our business model, "TerryIn the eyes of g, Buffett is a "very open and intelligent people". "1.5 hour, he was continually asking questions. "TREKKER said," also, each hit crucial point. "For the newspaper industry, TREKKER in Buffett and Berkshire heard completely different points of view in the past:" I think that the newspaper will have a brighter future. It will not be like the last few years decline.Many newspapers still could have done better than any other media. Not only sustainable, but more and more important. "" Yes. "TREKKER says," I was thinking of. "In fact, the TREKKER in the Omaha World-Herald has for nearly 20 years. "Initially, I was learning the business. "He said," has a chance to enter the media, and then loveHad it on. "TREKKER believed that Buffett has decided to buy in such a short time of the Omaha World-Herald. "Are nothing more than fancy our business model. "" He is so familiar with the newspaper. "TREKKER said. Later, Buffett also went to the newspaper tells the story of his family and the Herald. "When I was young, I was a paper boy, my firstThe money came from the post newspaper, and when my parents first met, also at the University of reading, of the Omaha World-Herald. ”
Others:
