SOLD: Washington Post and Boston Globe Acquired by Individual Investors
Perhaps you’ve heard the news. The Washington Post was sold to Amazon CEO Jeff Bezos yesterday for $250 million. The deal includes the Express commuter newspaper, The Gazette Newspapers, Southern Maryland Newspapers, Fairfax County Times, El Tiempo Latino and Greater Washington Publishing. Slate.com and Foreign Policy, along with some other holdings by The Washington Post Company, are not part of the deal. Of note is the fact that Amazon is not involved in the deal at…
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