WASHINGTON (AP) — Warren Buffett’s company says it has agreed to acquire a Miami-based TV station from Graham Holdings Co. in exchange for most of its shares in the company that once owned The Washington Post.

The deal will nearly eliminate Berkshire’s investment with the Graham family, which dates back to 1973 when Buffett invested $10.6 million in the Washington Post Co. after the newspaper’s stock took a beating following the publication of its famed Watergate stories.