Former head of Hudson News will reportedly pay $100m for weekly magazine
The National Enquirer is being sold to the former head of a US airport newsstand chain, after a rocky year in which the tabloid has been accused of burying stories that could hurt Donald Trump’s 2016 presidential campaign.
Tabloid owner American Media plans to sell the supermarket weekly to James Cohen, whose family owns a newspaper and magazine distributor and previously owned the Hudson News chain of airport newsstands.
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Continue reading...from Mergers and acquisitions | The Guardian http://bit.ly/2ZlNoHs
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