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8-K
GRAHAM HOLDINGS CO filed this Form 8-K on 05/06/1994
Entire Document
 
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ITEM 2.  ACQUISITION OR DISPOSITION OF ASSETS.

         On April 22, 1994, the Registrant purchased from H&C Communications,
Inc. substantially all of the assets comprising the businesses of television
stations KPRC-TV, an NBC affiliate in Houston, Texas, and KSAT-TV, an ABC
affiliate in San Antonio, Texas, (collectively the "Stations") for $253 million
in cash and the assumption of approximately $4 million in liabilities related
to the Stations' operations.

         Funds for the foregoing acquisition were provided from existing cash 
and marketable securities of the Registrant.


ITEM 7.  FINANCIAL STATEMENTS AND EXHIBITS.

         Listed below are the financial statements, pro forma financial
information and exhibits, filed as part of this report.


<TABLE>
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         <S>     <C>                                                                                <C>
         (a)     Financial statements of businesses acquired.

                 (1)      Report of independent accountants . . . . . . . . . . . . . . . . . . .   4
                 (2)      Audited balance sheet of KPRC and KSAT Television
                            Stations (business units of H&C Communications, Inc.)
                           as of December 31, 1993  . . . . . . . . . . . . . . . . . . . . . . .   5
                 (3)      Audited statement of income of KPRC and KSAT Television
                            Stations (business units of H&C Communications, Inc.)
                           for the year ended December 31, 1993 . . . . . . . . . . . . . . . . .   6
                 (4)      Audited statement of cash flows of KPRC and KSAT Television
                            Stations (business units of H&C Communications, Inc.)
                            for the year ended December 31, 1993  . . . . . . . . . . . . . . . .   7
                 (5)      Notes to financial statements of KPRC and KSAT Television
                            Stations (business units of H&C Communications, Inc.) . . . . . . . .   8

         (b)     Pro forma financial information.

                 (1)      Introduction  . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  13
                 (2)      Unaudited pro forma condensed balance sheet of
                            The Washington Post Company as of
                            January 2, 1994 . . . . . . . . . . . . . . . . . . . . . . . . . . .  14
                 (3)      Unaudited pro forma condensed statement of income of
                            The Washington Post Company for the fiscal
                            year ended January 2, 1994  . . . . . . . . . . . . . . . . . . . . .  15
                 (4)      Notes to unaudited pro forma financial information
                            of The Washington Post Company  . . . . . . . . . . . . . . . . . . .  16
</TABLE>

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