‘Spanish Warren Buffett’ may be key to McClatchy’s Tribune bid

The investment manager known as “the Spanish Warren Buffett” is apparently playing a big role in McClatchy’s bid to try to buy much larger Tribune Publishing Co. for around $500 million. Francisco García Paramés, founder of the Madrid-based Cobas Asset Management, holds an 18.4 percent stake in McClatchy, making the boutique firm the second-biggest holder...

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