UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) November 27, 2013

GRAHAM HOLDINGS COMPANY

(Exact name of registrant as specified in its charter)

 

(202) 334-6000

(Registrant’s telephone number, including area code)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

[ ]  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[ ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[ ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[ ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 

Item 1.01    Entry into a Material Definitive Agreement

 

On November 27, 2013, The Washington Post Company (effective November 29, 2013, Graham Holdings Company) entered into a Purchase and Sale Agreement (the “Agreement”) with Carr Properties OC LLC, a Delaware limited liability company, to sell its interest in property, land and improvements at its Headquarters, including 1100 15^th Street NW, 1150 15^th Street NW and 1523 L Street NW. The sale is contingent upon the successful completion of a due diligence study period and is expected to take place at the end of March 2014. The sale price is approximately $159 million.

 

Item 9.01    Financial Statements and Exhibits

 

Exhibit 99.1 Press Release issued by The Washington Post Company on November 27, 2013.

 

 

 

 

 

SIGNATURE

 

 

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

 

 

                                                                                  Graham Holdings Company             

                                                                                                (Registrant)

 

 

 

Date December 2, 2013                                                  /s/ Hal S. Jones                                                   

                                                                                              Hal S. Jones

                                                                             Senior Vice President - Finance

                                                                                 (Principal Financial Officer)

 

 

 

 

 

 

Exhibit Index

 

Exhibit 99.1   Press Release issued by The Washington Post Company

 

 

 

Exhibit 99.1

Graham Holdings Company to Sell

Headquarters Building to Carr Properties

 

WASHINGTON—November 27, 2013—THE WASHINGTON POST COMPANY (effective November 29, 2013, Graham Holdings (NYSE: GHC)) announced today that Carr Properties will purchase the Company’s headquarters building in downtown Washington, DC.  The sale also includes the land at 1100 15^th Street, NW.  The sale is contingent upon the successful completion of a due diligence period and is expected to take place at the end of March 2014.  The sale price is approximately $159 million.

 

 

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Graham Holdings (NYSE: GHC), formerly The Washington Post Company, is a diversified education and media company whose principal operations include educational services, television broadcasting, cable television systems, and online, print and local TV news.

 

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Contact:            Rima Calderon

                        rima@ghco.com 

                        (301) 996-6350