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amazon amzn stockIn a deal that generated outsized coverage given its small size, (AMZN) founder and CEO Jeff Bezos personally paid $250 million for the Washington Post newspaper.

The Washington Post Co. (WPO) will continue on in different form, presumably under a different name, but that’s not what caused all the heat and light. When one of America’s most important news organizations needs a billionaire benefactor to survive, well, you know that’s going to make the headlines.

Article printed from InvestorPlace Media,

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