By: James O’Toole | CNNMoney
The sale of the Post in particular came as a shock to many in the media industry. The venerable D.C. paper, long run by the Graham family, was sold along with several smaller titles to Amazon.com founder Jeff Bezos for $250 million.
The Los Angeles Times, by contrast, is widely known to have been on the block for months, but a sale has been slow in coming.
The Times is part of the stable of newspapers at Tribune Company, which also owns seven other dailies including Chicago Tribune, The Baltimore Sun and Orlando Sentinel.