Business Wire | Jun 14, 2021 09:00AM EDT

Graham Holdings Completes Acquisition of Leaf Group Ltd.

Jun. 14, 2021

ARLINGTON, Va.--(BUSINESS WIRE)--Jun. 14, 2021--Graham Holdings Company (NYSE: GHC) reported today that it has closed on the previously announced acquisition of Leaf Group Ltd. (NYSE: LEAF) for $8.50 per share in an all cash transaction valued at approximately $323 million.

Headquartered in Santa Monica, CA, Leaf Group is a consumer internet company that builds enduring, creator-driven brands that reach passionate audiences in large and growing lifestyle categories, including fitness and wellness (Well+Good, Livestrong.com and MyPlate App), and home, art and design (Saatchi Art, Society6 and Hunker).

View source version on businesswire.com: https://www.businesswire.com/news/home/20210614005446/en/

CONTACT: Pinkie Mayfield (703) 345-6450 Pinkie.Mayfield@ghco.com