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An American flag, left, and a District of Columbia fly outside the Washington Post building in Washington, Tuesday, Aug. 6, 2013. Amazon.com founder Jeff Bezos bought the Washington Post for $250 million. (AP Photo/Evan Vucci)
Washington Post CEO Don Graham details Bezos’ purchase of the paper (Video)
First Published Aug 06 2013 09:21 am • Last Updated Aug 06 2013 09:25 am

Washington Post CEO Don Graham details Bezos' purchase of the paper (Video)

Amazon.com founder Jeff Bezos has struck a deal to buy The Washington Post and other newspapers for $250 million, The Post announced on Monday.In an interview, Washington Post chairman and CEO Donald Graham said Bezos has "a certain strength when it comes to the future of news" and explained how the deal came to fruition.Bezos' worth is estimated at $25.2 billion, which means the purchase of The Post for $250 million is about 1 percent of his net worth."The paper’s ...

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