After a strategic operational review it began in August, AMI said that it chose to explore "strategic options" for the National Enquirer in the United States and United Kingdom, as well as for the Globe and the National Examiner brands.
Implicitly referring to the boost from the Bezos scandal on the brands, American Media President and CEO, David J. Pecker said in a statement: "Because of this focus, we feel the future opportunities with the tabloids can be best exploited by different ownership".
Since February, prosecutors have been examining Bezos's claim that the publisher attempted to extort him after he sought to determine how the National Enquirer gained access to private texts he exchanged with a woman named Lauren Sanchez, with whom he was having an extramarital affair.
American Media is also looking to sell off the Globe and National Examiner.
American Media Inc. announced in a statement that it made a decision to sell the National Enquirer, alongside its other tabloids, including the Globe and National Examiner brands.
'Star Wars' Episode IX 'Rise of Skywalker' sees evil emperor return
To conclude, he said, "Leia lives in this film in a way that's mind blowing to me". Stay tuned to BollywoodLife for more updates.
CPSC warns against Rock’n Plays for Infants over 3 months
Fisher Price Rock 'N Play. "CPSC has requirements it must follow for any decisions concerning recalls". Consumer Reports , however, performed an investigation and found that at least 32 babies have died.
Chevron CEO proves dealmaker with $33 billion offer for Anadarko
The deal may put pressure on Shell to seek assets in the Permian, where the Anglo-Dutch company has said it wants to grow. The deal, which is subject to shareholder and regulatory approval, is expected to close in the second half of 2019.
In August, the US attorney's office in Manhattan agreed not to prosecute American Media in exchange for the company's cooperation in its investigation of campaign violations.
In addition, according to one of WaPo's sources for the report, the move to put the tabloid up for sale was prompted by the hedge fund manager at the firm that controls a majority stake, who apparently got "disgusted" by the Enquirer's reporting as well as the longtime finally woes.
In a statement, Pecker said that American Media had shifted its emphasis away from The Enquirer and its other tabloid publications, which also include Star, to its glossy magazines, such as Us Weekly and Men's Journal, and other ventures. That probe eventually led to a three-year prison term for Trump's former personal lawyer Michael Cohen for campaign violations among other charges. A representative from Chatham declined to comment, and Melchiorre did not respond to a call seeking comment.
This story was first published on CNN.com, "Exclusive: Jeff Bezos to meet with federal prosecutors on extortion and hacking claims".