Washington Post Sold to Amazon's Jeff Bezos
August 5th, 2013 5:00 PM
The Washington Post Co. announced on Monday that it has sold its newspaper to Amazon.com founder Jeff Bezos. The Post's Paul Farhi reported that Bezos "will pay $250 million in cash for The Post and affiliated publications to the Washington Post Co."
Farhi went on to report that Amazon "will have no role in the purchase" and that Bezos will be the "sole owner when the sale is completed."…
