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Tuesday, 6 August 2013

Amazon CEO Jeff Bezos Buys 'The Washington Post' for $250 Million


In a surprise move, Jeff Bezos, the CEO and founder of Amazon, has purchased The Washington Post and various other newspaper assets from The Washington Post Company for $250 million, it was announced at an all-hands meeting at The Washington Post's offices on Monday afternoon.

Bezos is acquiring WaPo as an individual, not by Amazon, the company confirmed in an e-mailed statement.


Courtesy: 
Lauren Indvik,mashable.com

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