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American diversified company

Graham Holdings Company (formerly The Washington Post Company) is a diversified American conglomerate holding company. Headquartered in Arlington County, Virginia, and incorporated in Delaware, it was formerly the owner of The Washington Post newspaper and Newsweek magazine. Its current holdings include the digital marketing company Code3 (formerly SocialCode); online and print media entities including Slate Magazine, and the FP Group (which includes Foreign Policy magazine and ForeignPolicy. com), Graham Media Group (formerly Post Newsweek Stations), a group of seven television stations, education company Kaplan; manufacturing operations (Hoover Treated Wood Products, Dekko, Joyce/Dayton Corp, Forney Corporation); Graham Healthcare Group, which provides provides home health, hospice and palliative care services through joint ventures with health systems and physicians groups as well as other services; Graham Automotive, which includes eight automotive dealerships around the Washington, D. C. region; content and marketplace company World of Good Brands (formerly Leaf Group), and the now defunct Trove (formerly WaPo Labs)—the developers of a news reader app. Graham Holdings Company also owned cable television and internet service provider Cable One until it was spun off in 2015.

The history of Graham Holdings Company dates back to 1877, when The Washington Post was first published. The Washington Post Company was incorporated in the District of Columbia in 1889, and remained a District of Columbia corporation until it changed its place of incorporation to Delaware in 2003. It is a public company and its Class B common stock trades on the New York Stock Exchange under the ticker symbol GHC; it went public in 1971. Descendants of the late Eugene Meyer (including Chairman Donald E. Graham, his sister Lally Weymouth, and the beneficiaries of various family trusts) collectively control the company through their ownership of the unlisted Class A common stock that selects 70% of the company's board of directors. as of 2014, it forms more than 90% of the family's assets. Since 1950, the company had been based in the Washington Post building in Washington, D. C., which was sold off separately in 2014. Its new headquarters are at 1300 North 17th Street in Arlington, Virginia, with the choice of state motivated (according to Don Graham) by the proximity to Congress and the fact that two of the holding's activity areas, education and health care, are subject to federal regulation. On August 5, 2013, it was announced that the Washington Post Company would sell the flagship newspaper for $250 million to Jeff Bezos, founder and chief executive of Amazon. com. The Washington Post Company agreed to adopt a new corporate name once the sale was finalized. It adopted Graham Holdings Company as the new name effective November 29, 2013. Amazon. com was not involved in the sale. Nash Holdings LLC, a company owned by Bezos, closed the purchase of the newspaper and affiliated publications on October 1, 2013. Graham Holdings Company retained ownership of WaPo Labs, its technology innovation group, since rebranded as Trove. In 2014, Tim O'Shaughnessy, founder of LivingSocial and a son in law of CEO Don Graham, joined GHC as president. The spin off was completed on July 1, 2015. In March 2018, following several years of enrollment decline, Graham sold Kaplan University to the Purdue University system, and it was rebranded Purdue University Global. In March 2018, Graham sold Kaplan University, Kaplan’s online higher education operation, to the Purdue University system, and it was rebranded Purdue University Global, a new public university to serve adult learners. In 2019, children's podcasting company Pinna spun out of the Slate Group as a separate Graham Holdings subsidiary. In June 2021, Graham Holdings completed their acquisition of Leaf Group, a consumer internet company, at a valuation of approximately $323 million.

In July 2013, Graham Holdings purchased Forney Corp. for an undisclosed sum. The company, which is based in Addison, Texas, manufactures equipment that monitors and controls the combustion of coal, natural gas, and other materials. This equipment is sold to electric utilities for use in power generation plants. In June 2014, Graham Holdings acquired Joyce/Dayton Corp., a Dayton, Ohio based manufacturer of screw jacks and other linear motion systems. In November 2015, Graham Holdings acquired Group Dekko, a Garrett, Indiana based electrical manufacturer. In 2017, Graham acquired Hoover Treated Wood Products, Inc, a supplier of lumber and plywood products for fire retardant and preservative applications. In May 2020, Graham Holdings announced that it had acquired Framebridge.

In July 2019, Graham Holdings acquired Clyde's Restaurant Group, the owner and operator of several restaurants in the Washington metropolitan area, including Old Ebbitt Grill.

In January 2019, Graham Holdings acquired 90% of two automobile dealerships from Sonic Automotive. The company's latest acquisition — its fourth auto dealership to date — is located at 8820 Centreville Road in Manassas. Christopher J. Ourisman of Ourisman Automotive will operate and manage the dealership, which the Arlington holding company purchased from the Battlefield Automotive Group. Terms of the deal were not disclosed.

In 1984, Graham Holdings (then The Washington Post Company), acquired Stanley H. Kaplan Educational Centers. Over the years, it has purchased several other educational companies and schools worldwide, expanding its operations and delivery of courses and programs in key markets beyond North America including the UK, Ireland, Singapore, Australia, and New Zealand. Kaplan today offers a variety of test preparation, professional training, career development, language training, university and student support services. Kaplan has over 10,000 employees in 27 countries, and partners include more than 12,000 businesses and 4000 educational institutions.