GHC News and Press, Graham Holdings Company From 07/20/21

Being the child of an alumnus should not give a college applicant an admissions edge, according to results of a new Student Voice survey, conducted by Inside Higher Ed and College Pulse and presented by Kaplan*. Of the more than 2,000 college students polled, 79 percent support (54 perc...

A weekly summary of dividend activity for Dividend Challengers. Companies which changed their dividends. Companies with upcoming ex-dividend dates. Companies with upcoming pay dates. For further details see: Dividend Challenger Highlights: Week Of July 11

CAI International and Mitsubishi HC Capital join forces. At Home Group receives an improved offer but its largest shareholder is not happy with the higher offer. Multiple active deals receive required regulatory and shareholder approvals. For further details see: Merger ...

Nearly $13 billion worth of all cash deals announced last week. Magnachip receives a higher bid, but trades well below the original acquisition price due to regulatory risks. SPAC activity picks up with 9 new IPOs filed. For further details see: Merger Arbitrage Mondays ...

Graham Holdings Company (NYSE: GHC) reported today that it has closed on the previously announced acquisition of Leaf Group Ltd. (NYSE: LEAF) for $8.50 per share in an all cash transaction valued at approximately $323 million. Headquartered in Santa Monica, CA, Leaf Group is a consu...

Southeastern’s 13F portfolio value increased from $4.48B to $4.68B this quarter. The number of positions decreased from 25 to 24. Southeastern Asset Management added Biogen, Alibaba Group Holdings, and JOYY Inc. while dropping DuPont de Nemours, PotlatchDeltic, Trip.com, and Fo...

Zhanna Hapanovich/iStock via Getty Images Leaf Group (LEAF) rose 0.8% after shareholders agreed to $323M sale to Graham Holdings (GHC). Holders of approximately 59.14% of all outstanding common shares of Leaf Group voted to agreed to the deal, according to a statement. The transacti...

SANTA MONICA, Calif., June 10, 2021 (GLOBE NEWSWIRE) -- Leaf Group (NYSE: LEAF) (“Leaf Group”), a diversified consumer internet company, today announced that, at a special meeting of shareholders held on June 10, 2021, its shareholders approved the Merger Agreement entered int...

Proxy adviser Glass Lewis has recommended that Leaf Group (LEAF +0.4%) shareholders approve the pending acquisition by Graham Holdings (GHC). It joins fellow proxy advisory firm Institutional Shareholder Services in that stance; ISS recommended approval of the deal and related measures two we...

SANTA MONICA, Calif., June 08, 2021 (GLOBE NEWSWIRE) -- Leaf Group Ltd. (NYSE: LEAF) (“Leaf Group” or the “Company”), a diversified consumer internet company, today announced that Glass, Lewis & Co., LLC (“Glass Lewis”), a leading proxy advisory...