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.
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