Amazon's CEO Jeff Bezos to Buy Washington Post

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Aug. 5 (Bloomberg) -- Amazon.com Inc. Chief Executive Officer Jeff Bezos agreed to buy the Washington Post for $250 million from Washington Post Co., vaulting the e-commerce magnate into the struggling newspaper industry. Leo Hindery, managing partner at InterMedia Partners LP, discusses the purchase with Adam Johnson and Trish Regan on Bloomberg Television's "Street Smart." (Source: Bloomberg)

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