WaPo Sold to Amazon’s Jeff Bezos for $250 Million

Tue Aug 6, 2013 AT 7:12 AM EDT

The Washington Post said Monday that it has been sold for $250 million to Amazon founder Jeff Bezos, ending the Graham family’s stewardship of one of America’s leading news organizations after four generations. Bezos is purchasing The Post in his individual capacity; Amazon.com, Inc. is not involved, according to Politico. Publisher Katharine Weymouth will stay on as publisher, and editor Martin Baron will also retain his job, reports the Huffington Post. The Washington Post Company’s other media properties, such as Slate and Foreign Policy Magazine, are not being sold, reports the Wall Street Journal.

E-Mail Alerts

Signup now and recieve free E-mail Alerts
from Reagan Reports for America.
Email :
Zip Code:
Your e-mail address and personal information is
confidential as stated in our Privacy Policy.

Past Archives

Reagan Reports for America © Michael Reagan. All Rights Reserved.