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Amazon’s Jeff Bezos Buys the Washington Post for $250 Million

by Prince Of Petworth August 6, 2013 at 9:30 am 23 Comments

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Photo by PoPville flickr user philliefan99

From the Washington Post:

“The Washington Post Co. agreed Monday to sell its flagship newspaper to Amazon.com founder and chief executive Jeffrey P. Bezos, ending the Graham family’s stewardship of one of America’s leading news organizations after four generations.

Bezos, whose entrepreneurship has made him one of the world’s richest men, will pay $250 million in cash for The Post and affiliated publications.”

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