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Amazon’s Bezos buys Washington Post for $250 mn | ASHARQ AL-AWSAT English Archive 2005 -2017
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TOPSHOTSA man walks past The Washington Post building on August 5, 2013 in Washington, DC, after it was announced that Amazon.com founder and CEO Jeff Bezos had agreed to purchase the Post for USD 250 million. Multi-billionaire Bezos, who created Amazon, which has soared in a few years to a dominant position in online retailing, said he was buying the Post in his personal capacity and hoped to shepherd it through the evolution away from traditional newsprint. AFP PHOTO/Brendan SMIALOWSKI