Earlier, The Washington Post reported that efforts to sell came after the hedge fund manager who controls American Media Inc. through his fund 'became 'disgusted' with the Enquirer's reporting tactics.'
div > div.group > p:first-child"> The tabloid's parent company, American Media Inc., said it will"explore strategic options" for the National Enquirer and the National Examiner, adding that this"will likely result in their sale in the near future."
"Because of this focus, we feel the future opportunities with the tabloids can be best exploited by a different ownership," Pecker said in a statement. Amazon CEO Jeff Bezos alleged the Enquirer attempted to blackmail and extort him. AMI said it did nothing illegal but would investigate the matter. Federal prosecutors are looking into the tabloid's handling of a story regarding Bezos' affair.
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