Mr. Buffett said the deal will continue local ownership of the company, currently 80%-owned by employees and 20%-owned by the Pieter Kiewit Foundation, an Omaha-based charitable trust formed by the estate of a former World-Herald owner.

WSJ: Berkshire Hathaway to Buy Newspaper Publisher

Project contractors Kiewit and the Penhall Company completed their work demolishing the southern half of the Mulholland Drive Bridge well ahead of schedule, allowing the 405 to reopen beginning at 11:30 am on Sunday, instead of 5:00 am Monday as planned.

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