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Aug 07, 2013 12:44 AM IST | Source: Reuters

Jeff Bezos to buy the Washington Post

Washington Post Co said that it had sold its flagship newspaper to Jeff Bezos, the founder of Amazon.

Jeff Bezos to buy the Washington Post

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

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

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