American Media Inc (AMI) said on Thursday it was selling its National Enquirer t...
- American Media Inc said on Thursday it was selling its National Enquirer tabloid to James Cohen, whose family owns a magazine distributor and used to own the Hudson chain of airport newsstands.
The weekly tabloid, along with two of its sister publications, will be purchased by Cohen. The Washington Post reported the sale was for $100 million. The companies did not respond to Reuters’ request for comment on the price. Paul Pope, one of the heirs of the National Enquirer founder, Generoso Pope Jr., had also been in the list of bidders, according to media reports.
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