National Enquirer parent explores possible sale of tabloid

NEW YORK — The supermarket tabloid under fire for paying hush money to a former Playboy model to help Donald Trump in his 2016 presidential campaign is on the auction block.

The parent of the National Enquirer said Wednesday that it is exploring a possible sale as part of a “strategic review” of its tabloid business.

The decision by American Media comes after the tabloid said it paid $150,000 to keep Karen McDougal quiet about an alleged affair with Trump and being accused by Amazon chief Jeff Bezos of blackmail.

American Media agreed in August to co-operate with federal prosecutors looking into campaign violations in exchange for immunity.

American Media recently refinanced hundreds of millions of dollars of debt after years of heavy borrowing and acquisitions.

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