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Hudson News CEO To Buy National Enquirer

WorldNews Thursday, 18 April 2019
Hudson News CEO To Buy National EnquirerThe National Enquirer is being sold for $100 million to James Cohen, CEO of Hudson News, The Washington Post reports. The supermarket tabloid, along with two sister publications, will be purchased by the head of the travel retailer known for its airport newsstands, according to people familiar with the agreement.The decision to sell came after the hedge fund manager whose firm controls the tabloid’s parent company, American Media, became disillusioned with the reporting tactics it practiced. American Media has been under intense pressure because of the Enquirer’s efforts to tilt the 2016 presidential election in favor of Donald Trump, a longtime friend of American Media’s CEO, David Pecker....

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