Berkshire to Acquire Graham Holdings Subsidiary

Munger, Tolles & Olson is representing Berkshire Hathaway in its pending acquisition of a wholly-owned subsidiary of Graham Holdings Company that includes WPLG, a Miami-based television station. The companies announced on April 11, 2014 that they had signed an agreement.

The agreement includes, in addition to WPLG, the acquisition of a number of Berkshire Hathaway shares currently held by Graham Holdings Company and an amount of cash in exchange for approximately 1.6 million shares of Graham Holdings Class B common stock currently owned by Berkshire Hathaway and its subsidiaries. 

The Munger Tolles team handling the transaction included corporate lawyers Robert E. Denham, Mary Ann Todd, Katherine H. Ku and Christina P. Moniodis as well as tax attorneys Stephen D. Rose, David B. Goldman and Samuel T. Greenberg.