Buffett in Talks to Exit Stake in Graham Holdings
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Warren Buffett is in talks to exit his $1.1 billion investment in Graham Holdings Co., the former publisher of the Washington Post, after owning the stock for more than four decades.
Graham may swap assets including a business, and possibly shares it holds in Buffett’s Berkshire Hathaway Inc., according to a regulatory filing yesterday. Omaha, Nebraska-based Berkshire would turn over its Graham stake if a deal is signed.