Jeffrey Bezos buys the Washington Post for $250 million
Despite the fact that Amazon lost $39 million last year, Jeffrey Bezos, CEO and founder of Amazon, has bought the Washington Post for $250 million. "Amazon.com founder Jeffrey Bezos , who revolutionized the book business, is now aiming to do the same with one of the nation's most storied newspapers" said the Los Angeles Times. More info: - http://seattletimes.com/html/businesstechnology/2021546456_brierwapobezosxml.html#.UgCRdAEP0Pk.google_plusone_share - http://www.latimes.com/business/la-fi-washington-post-bezos-20130806,0,4515179.story and, of course, from the Washington Post: http://www.washingtonpost.com/national/washington-post-to-be-sold-to-jeff-bezos/2013/08/05/ca537c9e-fe0c-11e2-9711-3708310f6f4d_story.html?hpid=z1 It also has to be noted that " Seattle-based Amazon will have no role in the purchase; Bezos himself will buy the news organization ...