Jeffrey Bezos buys Washington Post for $250M

by Curtis Lee Fulton

The Washington Post says it’s been bought by Amazon CEO and founder Jeffrey Bezos for $250 million. The Post made it clear that the new owner is an “entity that belongs to Mr. Bezos in his individual capacity and is not, Inc.”

The Post’s other online properties, including Slate and Foreign Policy were not part of the transaction.

Bezos said that the “Post’s values will not change” as a result of the buyout.