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Washington Post Co.'s Star Asset: A Fat Pension Fund
The Wall Street Journal
Aug. 5, 2013 "But while all [of Washington Post Co.'s] assets have their merits, here is one asset that gets much less attention: its hugely over-funded pension.... That's a pension plan that owes its recipients just under $1.47 billion, but has $2.07 billion in assets -- in other words, it is over-funded by a cool $604 million." MORE >> |
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