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National Enquirer being sold to former newsstand mogul

3 years 3 months 4 weeks ago Thursday, April 18 2019 Apr 18, 2019 April 18, 2019 3:31 PM April 18, 2019 in News - AP National

By BERNARD CONDON
AP Business Writer

NEW YORK (AP) - The National Enquirer is being sold to the former head of the airport newsstand company Hudson News.

Tabloid owner American Media says it is selling the supermarket weekly to James Cohen. The deal comes after a rocky year for the tabloid in which it was caught up in a federal probe of illegal campaign contributions to Donald Trump's presidential campaign in 2016.

The tabloid has also been accused by Amazon chief Jeff Bezos of trying to blackmail him by threatening to publish explicit photos of him. The tabloid denies the charges.

Financial terms were not immediately disclosed for the deal, which also includes two other American Media tabloids, the Globe and the National Examiner.

Copyright 2019 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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