EX-99.1
4
tm2119566d1_ex99-1.htm
EXHIBIT 99.1
Exhibit 99.1
Graham Holdings Completes Acquisition of Leaf
Group Ltd.
ARLINGTON, VA -June 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).
# # #
Contact:
Pinkie
Mayfield
(703) 345-6450
Pinkie.Mayfield@ghco.com

EX - 99 . 1 4 tm2119566d1 _ ex99 - 1 . htm EXHIBIT 99 . 1 Exhibit 99 . 1 Graham Holdings Completes Acquisition of Leaf Group Ltd . ARLINGTON , VA - June 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 ) . # # # Contact : Pinkie Mayfield ( 703 ) 345 - 6450 Pinkie.Mayfield@ghco.com