Andrew Beaujon reports on the Washington Post:
The Washington Post Company reported net earnings of $31 million in the first quarter of 2012 on Friday. Last year, the Post reported earnings of $15.2 million in the first quarter; the report attributes the gain to the sale of Kaplan’s Eduneering business to UL for $30 million. Kaplan’s Higher Education division reported an 82 percent drop in operating income.
Continue reading:
