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Warren Buffet’s Berkshire Hathaway buys Press of Atlantic City

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BH Media, a Berkshire Hathaway company, announced today it will acquire the Press of Atlantic City from private holding company Abarta, of Pittsburgh.

The terms of the sale were not disclosed.

Mark Blum, a former controller for the Press, will return to the paper to take over publishing duties when the deal goes through in August.

The paper is New Jersey’s sixth largest and is more than 110 years old. It covers a large chunk of southeastern New Jersey in its print product and online at PressofAtlanticCity.com.

BH Media publishes about 30 daily papers throughout the United States.

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