Follow Slashdot blog updates by subscribing to our blog RSS feed

 



Forgot your password?
typodupeerror

Slashdot videos: Now with more Slashdot!

  • View

  • Discuss

  • Share

We've improved Slashdot's video section; now you can view our video interviews, product close-ups and site visits with all the usual Slashdot options to comment, share, etc. No more walled garden! It's a work in progress -- we hope you'll check it out (Learn more about the recent updates).

×

+ - Washington Post sold to Jeff Bezos->

Submitted by schwit1
schwit1 (797399) 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This discussion was created for logged-in users only, but now has been archived.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:

Never worry about theory as long as the machinery does what it's supposed to do. -- R. A. Heinlein

Working...