national enquirer to be sold to former newsstand mogul

National Enquirer to Be Sold to Former Newsstand Mogul

Business

The company that owns the National Enquirer said it has agreed to sell the scandal-plagued supermarket tabloid to a former newsstand mogul.

James Cohen, 60 years old, 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. Mr. Cohen has agreed to pay $100 million for the publications, according to a person familiar with the matter.

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