Jeff bezos buys Washington post for $ 250million

Jeff bezos and not amazon inc is buying Washington post for $250million. The 135 year old paper is the seven largest news paper in the USA owned by the Graham family. Bezos had to say in a letter to the post “The values of the Post do not need changing.” “The paper’s duty will remain to its readers and not to the private interests of its owners,” he wrote. “We will continue to follow the truth wherever it leads, and we’ll work hard not to make mistakes. When we do, we will own up to them quickly and completely.”

reaction to Washington buyout
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