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Stock Market & Financial Investment News

News Breaks
March 12, 2014
08:33 EDTBRK.A, GHCBerskhire Hathaway to acquire WPLG-TV from Graham
Graham Holdings Company (GHC) and Berkshire Hathaway (BRK.A) announced that they have reached an agreement in principle for Berkshire to acquire a wholly-owned subsidiary of Graham Holdings Company, which will include WPLG, a Miami-based television station, a number of Berkshire shares currently held by Graham Holdings Company and an amount of cash, in exchange for approximately 1.6 million shares of Graham Holdings Class B common stock currently owned by Berkshire Hathaway. The specific number of shares of each company and the amount of cash will be determined on the closing date based on certain factors, including the market prices of the shares of both companies at that time. No binding agreement has yet been signed in connection with the transaction. The transaction is subject to agreement on definitive documentation, and will be subject to regulatory approvals and other customary conditions. In addition there will be certain termination rights relating to minimum trading prices of the stock of each company immediately prior to closing and to a minimum value of the television station for purposes of the transaction on the closing date.
News For A;GHC From The Last 14 Days
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October 31, 2014
11:39 EDTAGenetic Technologies, Agilent jointly file to dimiss lawsuit
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08:34 EDTGHCGraham Holdings reports Q3 EPS from cont. ops. $14.32 vs. $7.28 last year
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October 29, 2014
16:12 EDTAAgilent reports Q3 EPS 3c, one estimate 3c
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October 27, 2014
18:38 EDTAS&P announces changes to the S&P MidCap 400 and S&P SmallCap 600 indices
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October 20, 2014
10:33 EDTGHCGannett sees Cars.com 'about neutral' to Q4 EPS
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07:10 EDTAAmerican Society of Human Genetics to hold annual meeting
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