Jeff Bezos Is Buying the Washington Post for $250 Million

Today the Washington Post Company agreed to sell the Washington Post newspaper to Amazon CEO Jeff Bezos for $250 million in cash. This ends the Graham family's ownership of the paper after four generations. The deal, which was made independently of Bezos' other ventures, is expected to close within 60 days.

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Source: http://feeds.gawker.com/~r/gizmodo/full/~3/bQYNJOW8DF8/jeff-bezos-just-bought-the-washington-post-for-250-mil-1032702101

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