BackSummary
Graham Holdings Company closed the sale of Kaplan Languages Group on May 1, 2026, expecting a preliminary $60 million U.S. income tax benefit in 2026.
Key takeaways
- Kaplan closed the sale of Kaplan Languages Group (KLG) on May 1, 2026.
- Company expects approximately $60 million current U.S. income tax benefit in 2026 from the KLG transaction.
- Tax benefit is stated on a preliminary basis.
- Transaction completion removes KLG from company portfolio.