To: Sr K who wrote (1573 ) 7/2/2014 2:11:37 PM From: Kirk © Respond to More M.NADEEM in Hedge Funds , News Published: July 2, 2014 at 12:02 pm Warren Buffett ’s Berkshire Hathaway has completed the swap assets deal with Graham Holdings Co (NYSE: GHC ) . In a newly amended filing with the U.S. Securities and Exchange Commission, Warren Buffett and Berkshire Hathaway disclosed owning 107,575 Class B common stock shares of Graham Holdings, equal to 1.72 % of the stock, while the previous holding contained 1.72 million shares, equal to 27.7% of the outstanding stock.news release , the company revealed that they have completed a deal in which Berkshire acquired a wholly-owned subsidiary of Graham Holdings, including WPLG, a Miami-based television station, 2,107 Class A Berkshire shares and 1,278 Class B Berkshire shares owned by Graham Holdings and $327.7 million in cash, in exchange for about 1.62 million shares of Graham Holdings Class B common stock owned by Berkshire Hathaway.posted a 2% increase in revenue to $840.6 million, compared to $820.6 million in the first quarter of 2013. It reported income from continuing operations attributable to common shares of $131.0 million, or $17.65 per share, compared to $21.7 million, or $2.92 per share, in the same period of 2013. Also, the company recently acquired Joyce/Dayton Corp., which is engaged in manufacturing of screw jacks and other linear motion systems.WFC ) is represented as the largest holding, in which Berkshire owns 463.46 million shares. It is followed by The Coca-Cola Company (NYSE: KO ), in which the fund disclosed ownership of 400.0 million shares. The third largest position is occupied by American Express Company (NYSE: AXP ), where Berkshire holds 151.61 million shares.insidermonkey.com
