Amazon Owner Jeffrey Bezos Purchases Washington Post
The Washington Post announced today that they are being purchased by the owner of Amazon.com - Jeffrey Bezos. He is buying it personally, not Amazon. The Post Company will change its name to something else. I'm not sure what other properties they own at the moment (they sold Newsweek a couple of years ago and I think I heard today that The Daily Beast was going to be selling that, now an online news magazine). The sale price was $250M (roughly equivalent to 1% of his personal worth).
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