Chapter 28 Summary and Analysis

Simmons' advent makes the 1980s profitable for the company and lifts a great weight from Kay's shoulders. Work becomes pleasurable again. In style and temperament, they are opposites but become friends and partners. Kay gives Simmons broad autonomy and he is not bothered by her higher profile. Within weeks Simmons unloads the unprofitable Trenton Times and Inside Sports. They invest in embryonic cell phone and online data businesses, launch a weekly national tabloid offering select Post articles on politics and government, acquire Kaplan Educational Centers and stock shares in various newspapers. They sell off several enterprises to reduce substantial debt.

The Post Company is still not highly valued on Wall Street, so they continuing buying up their own stock. They are staggeringly successful in cable television, but Buffet has to resign from the board to avoid a conflict of interest with...