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Non-Tech : Kirk's Market Thoughts
COHR 196.94-2.9%Jan 23 9:30 AM EST

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To: Sr K who wrote (1443)7/2/2014 1:32:17 PM
From: Sr K  Read Replies (1) of 27137
 
WSJ

10:32 EDT - Berkshire Hathaway(BRK/A) has closed its deal to buy WPLG-TV from Graham Holdings (GHC) , according to the companies. Berkshire agreed in March to buy WPLG, a Miami-based television station, as part of a complex deal that included a share swap. The final details were established at closing: Berkshire will get WPLG, 2,107 of Berkshire's Class A shares and 1,278 Class B shares owned by GHC as well as $328M in cash, in exchange for 1.62 million common shares of GHC owned by Berkshire. The closing came after the Federal Communications Commission approved the deal last week. (anupreeta.das@wsj.com)
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