The Washington Post Company is getting into the healthcare sector, they announced today. The newspaper company will acquire a majority stake in Celtic Healthcare, a home healthcare and hospice services provider. The purchase price was not disclosed.
“Our acquisition of Celtic Healthcare is part of the Post Co.’s ongoing strategy of investing in companies with demonstrated earnings potential and strong management teams attracted to our long-term investment horizon,” Donald E. Graham, chief executive of The Washington Post Co., said in a statement. Read More