Toxic U.S. tabloid sale talk sounds like a whopper

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Toxic U.S. tabloid sale talk sounds like a whopper
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Talk about a sale of toxic U.S. tabloid the National Enquirer sounds like a whopper jennifersaba

The owner of the National Enquirer said on April 10 it was considering selling the tabloid, which has admitted to paying hush money to help U.S. President Donald Trump get elected and been accused of attempting to blackmail Amazon founder and Chief Executive Jeff Bezos.

American Media said in a statement it is looking at"strategic options" for the weekly, as well as for the Globe and the National Examiner brands. Last year, AMI cooperated with federal prosecutors to avoid charges and admitted it made a $150,000 hush-money payment to a former Playboy magazine model to prevent her from going public ahead of the 2016 election with claims that she had an affair with Trump.

More recently, the National Enquirer has been embroiled in a battle with Bezos, who also owns the Washington Post. The Washington Post reported on April 10 that some of the pressure on AMI boss David Pecker to sell the title comes from Anthony Melchiorre, who controls $4 billion hedge fund Chatham Asset Management, the 80 percent owner of AMI.

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