Aug
05
Amazon CEO Jeff Bezos Buys The Washington Post
Posted in: Uncategorized
Amazon founder and CEO Jeff Bezos has signed a deal to buy The Washington Post and sibling newspapers for $250 million, the Washington Post Company said Monday afternoon. Mr. Bezos, not Amazon, will own the newspaper.
The surprise deal includes the Post and other publishing businesses, including the Express newspaper, The Gazette Newspapers, Southern Maryland Newspapers, Fairfax County Times, El Tiempo Latino and Greater Washington Publishing.
But siblings Slate, TheRoot.com, Foreign Policy and the Kaplan educational businesses are not part of the transaction and will remain part of the Washington Post Co. — which will change its name. The social agency SocialCode, also part of the Washington Post Co., is also not part of the deal.
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