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Stock impact report

From News To Nightcaps: Washington's Graham Family Buys The Clyde's Group [Forbes]

Graham Holdings Company (GHC) 
Company Research Source: Forbes
From News To Nightcaps: Washington's Graham Family Buys The Clyde's Group For generations, the Graham Family owned the Washington Post, before selling it to Jeff Bezos in 2013. Now, the Grahams have bought the DC restaurants where many of its journalists hang out — along with government officials, tourists and locals. On Thursday, Graham Holdings Company, previously the Washington Post Company, bought the Clyde's Group The purchase price wasn't disclosed, according to Restaurant Business, an industry trade publication. The Clyde's Group includes eight Clyde's restaurants, popular places around DC for brunch, lunch and dinner, and five other restaurants. The jewel of the group is the Old Ebbitt Grill, a stone's throw from the White House, the Treasury Department, and the National Press Club. The Old Ebbitt, as denizens call it, is a perennial gathering spot after events in the nation's capitol. It attracts visitors and locals alike to its old-school surroundings. It is considered Wash Show less Read more
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