Warren Buffett, chairman of Berkshire Hathaway. Photograph: Andrew Harrer/Bloomberg

Warren Buffett’s Berkshire Hathaway has agreed to shed much of its 40-year-old investment in Graham Holdings Co, the former publisher of the Wa(...)

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  • US
  • August 7, 2013, 05:00

‘We knew we could survive, but we always felt that our ownership should do more than help the paper survive,” Donald Graham, chairman and CEO of the W(...)

Jeff Bezos, chief executive of Amazon, who  has bought the ‘Washington Post’ for $250 million.  Photograph: J Emilio Flores/The New York Times

Shares in the Washington Post company leapt to a five-year high yesterday as the paper’s journalists reacted to its $250 million sale to Amazon founde(...)

The sale of The Washington Post to Amazon’s Jeff Bezos marks the end of an era for the Graham family. Legendary publisher Katharine Graham became involved in  the company after her father bought it in 1933 at a bankruptcy auction.

In late 2012, Donald Graham, the chief executive of the Washington Post, met with the paper’s publisher, Katharine Weymouth, to look at the paper’s(...)