American Media Inc. is actively seeking to sell off the National Enquirer, according to three people familiar with the process who spoke on the condition of anonymity because they were not authorized to speak publicly. American Media was “very, very leveraged” and repeatedly found itself “on the brink,” Pecker told the Toronto Star in 2016. “The Trump thing was an issue, and [Melchiorre] was really disgusted by the Bezos reporting,” the person said. The Bezos reporting also threatened to renew legal scrutiny on the company. A Saudi official said the government did not tap into Bezos’s phone and played no role in the Enquirer’s reporting on the Amazon founder.
Source: Washington Post April 10, 2019 22:14 UTC