The National Enquirer, a 93-year-old tabloid that chronicled celebrity controversies before becoming embroiled in scandals of its own, is on the block to be sold by embattled publisher American Media LLC.
If the sale goes through, it would help ease the pressure on American Media, Chief Executive Officer David Pecker and the company’s hedge fund backers. Chatham Asset Management is the principal owner of the publisher, and two of the firm’s executives serve on its board. Cooperman, a billionaire hedge fund manager, has said that his stake is relatively small.
“We feel the future opportunities with the tabloids can be best exploited by a different ownership,” Pecker, who also serves as chairman, said in a statement. Pecker is considered a friend of Trump, but Melchiorre has been linked to the president as well. When Pecker arrived at the White House in July 2017 for a dinner with Trump, he was accompanied by the hedge fund boss.
What scandal did trump have? Getting set up by the Obama administration to be ousted from the Presidency in the event he won?
Trudeau should buy it. He's really good at making shit up. cdnpoli
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