Report: Bezos Sold More Than 600K Shares Of Amazon Stock Last Week

AP

The soon-to-be-owner of the Washington Post and founder of Amazon sold 614,938 shares of his company’s stock last week for a return of about $185 million, according to Quartz.

The Post Co. announced Monday that Bezos would be buying its flagship paper for $250 million in cash, which may be a reason for the stock sale.

Wired’s Tim Carmody first spotted the sale of the stocks last week.

 

ABOUT THE AUTHOR

Perry is a News Writer for Talking Points Memo based in Washington D.C. Prior to TPM, she was a reporter-research at The New Republic and worked for her hometown paper, The Miami Herald. Perry can be reached at perry@talkingpointsmemo.com.
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