Want to read Slashdot from your mobile device? Point it at m.slashdot.org and keep reading!

 



Forgot your password?
typodupeerror

+ - Washington Post sold to Jeff Bezos->

Submitted by schwit1
schwit1 writes: The Washington Post Co. has agreed to sell its flagship newspaper to Amazon.com founder and chief executive Jeffrey P. Bezos, ending the Graham familyâ(TM)s stewardship of one of Americaâ(TM)s leading news organizations after four generations.

Bezos, whose entrepreneurship has made him one of the worldâ(TM)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.

Seattle-based Amazon will have no role in the purchase; Bezos himself will buy the news organization and become its sole owner when the sale is completed, probably within 60 days. The Post Co. will change to a new, still-undecided name and continue as a publicly traded company without The Post thereafter.

Link to Original Source
This discussion was created for logged-in users only, but now has been archived. No new comments can be posted.

Washington Post sold to Jeff Bezos

Comments Filter:

The difficult we do today; the impossible takes a little longer.

Working...