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Amazon's Jeff Bezos buys the Washington Post in $250-million deal
Amazon's Jeff Bezos buys the Washington Post in $250-million deal

In a surprise move, Amazon founder and Chief Executive Jeff Bezos has agreed to buy the Washington Post and other properties for $250 million. The deal is being made by Bezos alone, without involvement from Seattle-based Amazon. Donald Graham, chairman and CEO of Washington Post Co., said the board of directors decided to sell the company's newspaper publishing business "only after years of familiar newspaper-industry challenges made us wonder if there might be another owner who would be better for the Post." “Everyone at the Post Co. and everyone in our family has always been proud of the Washington Post — of the newspaper we publish and of the people who write and produce it,” Graham...

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