Graham Holdings Receives Cash Distribution From CV's Sale Of Apartments.com; Completes Sale Of Headquarters Building

Graham Holdings Company (NYSE: GHC) has received a gross cash distribution of approximately $95 million from Classified Ventures’ sale of Apartments.com. The sale closed today. Graham Holdings owns a 16.5% interest in Classified Ventures.

In a separate transaction, Graham Holdings completed the sale of its headquarters building to Carr Properties on March 27, 2014. The sale, announced on November 29, 2013, was contingent upon the successful completion of a due diligence period. The sale price was about $158 million.

Copyright Business Wire 2010

More from Press Releases

NFL Pushes for Regulation Following Supreme Court's Sports Gambling Ruling

NFL Pushes for Regulation Following Supreme Court's Sports Gambling Ruling

21st Century Fox Scoops Up Local News Stations

21st Century Fox Scoops Up Local News Stations

Walmart CEO: 'We Are Transforming Globally' With Flipkart

Walmart CEO: 'We Are Transforming Globally' With Flipkart

Three-Part FREE Webinar Series

Three-Part FREE Webinar Series

March 24 Full-Day Course Offering: Professional Approach to Trading SPX

March 24 Full-Day Course Offering: Professional Approach to Trading SPX