REPORT: National Enquirer being sold for $100 million to CEO of Hudson News
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The National Enquirer is reportedly being sold for $100 million to the CEO of Hudson News, James Cohen.
The supermarket tabloid had come under fire for its alleged catch-and-kill tactics to contain negative stories about President Trump.
The article goes on to state the following:
Hudson News is an airport travel retailer that has newsstands in airports across the country. The decision to sell the tabloid, according to the Washington Post, comes after hedge fund manager Anthony Melchiorre, whose firm controls American Media Inc., became “disillusioned” with the Enquirer’s reporting.
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