Amazon boss snaps up Washington Post for $250 million.
The news was announced overnight in the US at a meeting of Washington Post staffers.
|Image credit: Business Insider|
Donald E. Graham, CEO of The Washington Post, said “Jeff Bezos’ proven technology and business genius, his long-term approach and his personal decency make him a uniquely good new owner for the Post.
“Our revenues had declined seven years in a row,” he admitted.