Washington Post Co. Buys Hospice Firm Celtic Healthcare
Posted: 10/2/2012  |  By: Steven Mufson | The Washington Post
The Washington Post Co. said Monday that it has agreed to acquire a majority stake in Celtic Healthcare, a provider of skilled home health-care and hospice services in the Northeastern and Mid-Atlantic regions.The purchase price was not disclosed, but Donald E. Graham, chief executive of The Washington Post Co., said in a statement that the acquisition is “part of the Post Company’s ongoing strategy of investing in companies with demonstrated earnings potential and strong management teams attracted to our long-term investment horizon.”