First, Amazon boss bought Washington Post for US$250m in 2013. So it is not a big news for a media company to buy FT with such a high price.
Second FT is the leading financial newspaper that many business professional believe they can obtain quality information from reading it. Therefore it is the market leader in this field.
Last but not least, the Japanese buyer wants to achieve its international expansion by acquiring FT as Japanese newspaper is not the dominant newspaper source. Also the cheap funding provided by the Japanese banks also pave the way for this landmark transaction!
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