Amazon Founder to Buy Washington Post

The founder of Internet retail giant Amazon, Jeffrey Bezos, is buying one of the top U.S. newspapers.

The Washington Post announced Monday that Bezos will buy the paper and its affiliated publications for $250 million. It said Amazon has no role in the purchase.

The Post, which is known for breaking major stories including the Watergate scandal in the Nixon era, had been owned by the Graham family for four generations.

In a statement Monday, Post Chairman Donald Graham said the paper …

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