Buffett’s Firm Buys Atlantic City Newspaper

PLEASANTVILLE, N.J. (AP) -

Warren Buffett’s Berkshire Hathaway Inc. is adding a New Jersey newspaper, The Press of Atlantic City, to its collection of more than two dozen small and medium-sized newspapers.

Buffett says he is buying The Press, which has a daily circulation of 67,000 and a Sunday circulation of 77,000, because he believe smaller papers will do well since they remain the primary source of information about their communities.