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Washington Post buys magazine

The Washington Post is betting there’s a strong market for international news and has bought Foreign Policy magazine.

Founded in 1970 as a quarterly, the award-winning magazine, which was published by the Carnegie Endowment for International Peace, a think tank based in Washington, D.C., was relaunched as a bimonthly glossy in 2000. The publication has a circulation of 100,000.

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