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Washington Post to be sold to Jeff Bezos

Published: August 5, 2013
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Source: Washington Post

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The Washington Post Co. has agreed to sell its flagship newspaper to Amazon.com founder and chief executive Jeffrey P. Bezos, ending the Graham family’s stewardship of one of America’s leading news organizations after four generations.

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The deal represents a sudden and stunning turn of events for The Post, Washington’s leading newspaper for decades and a powerful force in shaping the nation’s politics and policy. Few people were aware that a sale was in the works for the paper, whose reporters have broken such stories as the Watergate scandals and, in May, disclosures about the National Security Agency’s surveillance program.

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