IPFS News Link • Media: Print
Washington Post to be sold to Jeff Bezos, the founder of Amazon
• Washington PostThe 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 to The Washington Post Co., which owns the newspaper and other businesses.