The company that owns the National Enquirer said that it has agreed to sell the scandal-plagued supermarket tabloid to a former newsstand mogul, the Wall Street Journal reported. James Cohen, whose family built Hudson News, best known for operating airport and rail station newsstands, will acquire the gossip weekly and its sister tabloids, the Globe and National Examiner, from American Media LLC, the company said. Cohen has agreed to pay $100 million for the publications. American Media announced last week that it was putting the Enquirer and its sister tabloids — the Globe and National Examiner — up for sale and expected a deal in the “near future.” The heavily indebted company has been in the spotlight since it admitted making a hush-money payment on behalf of President Trump to women who alleged affairs with him. Last year, the publisher reached a nonprosecution agreement with the U.S. attorney’s office in Manhattan, admitting it paid $150,000 in 2016 to a former Playboy model to suppress her story of an affair with Trump a decade earlier, using a tactic known as “catch and kill.” Trump has denied the affairs.
