The National Enquirer, along with its sister publications, is reportedly being sold to James Cohen, CEO of Hudson Media Inc.
Cohen and AMI Chairman David Pecker are longtime business friends.Earlier this month, New York-based AMI, owner of the Enquirer and the Globe and National Examiner, said its board had concluded a strategic operational review of its tabloid business, which began in August, leading to the decision to explore strategic options for the brands.Among the potential bidders was, who controls L.A.-based Yucaipa Cos., according to the New York Times.
The tabloid has drawn the growing scrutiny of federal prosecutors for its ties to President Trump during the 2016 campaign.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
The National Enquirer is being sold for $100 million to James Cohen, CEO of Hudson NewsThe supermarket tabloid will be purchased by the head of the travel retailer known for its airport newsstands.
Read more »
National Enquirer to be Sold for $100 Million to Ex-Newsstand MogulThe company that owns the National Enquirer has agreed to sell the scandal-plagued supermarket tabloid to James Cohen, a former newsstand and magazine distribution mogul, for $100 million.
Read more »
New York plans to sue EPA over GE's 'incomplete' Hudson River cleanupNew York state officials plan to sue the U.S. Environmental Protection Agency fo...
Read more »
The world’s tallest buildings aren’t being built in the USA anymore
Read more »
The National Enquirer is being sold for $100 million to James Cohen, CEO of Hudson NewsThe supermarket tabloid will be purchased by the head of the travel retailer known for its airport newsstands.
Read more »
National Enquirer to be Sold for $100 Million to Ex-Newsstand MogulThe company that owns the National Enquirer has agreed to sell the scandal-plagued supermarket tabloid to James Cohen, a former newsstand and magazine distribution mogul, for $100 million.
Read more »
Who wants to buy the National Enquirer and what, exactly, is its owner selling?Billionaire Ron Burkle disputes reporting that he is in talks to buy the supermarket tabloid.
Read more »
Elizabeth Warren unveils new proposal: 7% tax on corporations' profits over $100 millionMassachusetts Sen. Elizabeth Warren, known for her longstanding and ambitious campaign to even the wealth scales in the country, unveiled another bold proposal Thursday.
Read more »
China's Dianrong is seeking $100 million to help cope with a regulatory crackdownDianrong is looking to raise $100 million to help cope with a regulatory crackdown that's already led the firm to lay off as many as 2,000 workers.
Read more »
Son Of National Enquirer Founder Wants To Buy Supermarket TabloidOne of the sons of the late National Enquirer owner Generoso Pope Jr. said he is lining up partners to buy the supermarket tabloid from its cash-strapped current owner
Read more »
Masters security guard who almost took out Tiger Woods: 'I am really glad he made birdie'One of the most dramatic moments on Friday at the Masters was when a security guard accidently clipped Tiger Wood's ankle as he wiped out.
Read more »