OMAHA (dpa-AFX) - Berkshire Hathaway Inc.'s (BRK-A, BRK-B) Media unit sold marketing and direct mail division to Wisconsin businessman Robert Kraft.
Robert Kraft, has acquired Omaha, Nebraska based World Marketing Inc. from Berkshire Hathaway. The transition will move the company's corporate headquarters and administrative operations to Wisconsin while continuing office and production facilities in Atlanta, Chicago, Dallas and Saint Louis.
'With the rapid growth of our newspaper business, World Marketing was no longer a core part of our business as our focus accelerated on newspapers,' said Terry Kroeger, President and Chief Executive Officer of BH Media Group.
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