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Graham Holdings Co agrees to sell investment in Classified Ventures to Gannett Co Inc


Tuesday, 5 Aug 2014 08:45am EDT 

Graham Holdings Co:To sell their stake in Classified Ventures (CV) to Gannett Co., Inc. for a price that values CV at $2.5 bln. Gannett currently owns a 27 pct share of CV; Graham Holdings owns a 16.5 pct share.Transaction is expected to close before the end of 2014, subject to regulatory review. 

Company Quote

34.95
-1.0 -2.78%
17 Apr 2015