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On May 12, 2012, Warren Buffett's Berkshire Hathaway announced an offer to buy Media General's (MEG) newspaper division … the so-called Oracle of Omaha saw in the declining U.S. newspaper industry that others did not.Media General's CEO …
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Do media slant news in favor of the banks they borrow from? We study how lending connections affect news coverage of banks earnings reports and of the Eurozone sovereign debt crisis on major newspapers from several European countries. We find that newspapers cover announcements by their lenders...
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