Business Standard

Jeff Bezos to buy the Washington Post

Image

Reuters

REUTERS - The Washington Post Co said it has sold its flagship newspaper to Jeff Bezos, the founder of Amazon .

The purchase price is $250 million, subject to normal working capital adjustments, payable at closing later this year.

(Reporting by Jennifer Saba in New York; Editing by Gary Hill)

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Aug 06 2013 | 2:19 AM IST

Explore News