Charlie Phillips
Washington Post Co. Plans to Change Name and Stock Ticker on Nov. 29 (Reuters)
Washington Post Co is changing its name to Graham Holdings Co, after its sale of the Washington Post newspaper to Amazon.com Inc founder Jeff Bezos. The company’s symbol on the New York Stock Exchange will change to “GHC” starting on Nov. 29, the Washington Post Co announced today. Washington Post Co, which also owns education services provider Kaplan, said in August it would sell its newspaper and other publishing businesses, as declining advertising revenue and readership hurt print media. The sale to Bezos closed on Oct. 1.
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