American Media considers sale of 'National Enquirer'

Amazon CEO Jeff Bezos speaks at a press conference

Amazon CEO Jeff Bezos speaks at a press conference

Amazon CEO Jeff Bezos is scheduled to meet with federal prosecutors in NY as soon as this week, according to people familiar with the matter.

The Enquirer's parent company, American Media Inc., has had business dealings with Saudi Arabia, but the kingdom has denied any role in hacking Bezos' phone or providing his private information to the Enquirer.

Last year, AMI cooperated with federal prosecutors to avoid charges and admitted it made a $150,000 hush-money payment to a former Playboy magazine model to prevent her from going public ahead of the 2016 election with claims that she had an affair with Trump.

American Media came under fire more recently from Bezos for what he said were threats to publish photographs of him unless he stopped investigating how the tabloid obtained private exchanges between him and his mistress.

Messages were sent to AMI seeking comment Thursday.

Attorneys for Bezos, the world's richest man, have been engaged in negotiations regarding his electronics. The Associated Press reported in February that prosecutors were looking into whether the publisher violated terms of the deal, which included a promise not to break any laws in the future. The Associated Press reported previous year that Pecker kept a safe that held documents on hush money payments and killed stories, including records on ones involving Trump. In addition to the National Enquirer, American Media said it was also considering selling two other brands, Globe and National Examiner.

Chevron reaches agreement to acquire Anadarko
Oil executives and bankers had in the past speculated that Shell may buy Anadarko because they have adjacent acreage. It will also assume about $15 billion in debt. "ExxonMobil, Chevron, Shell and BP are now in a league of their own".

"Third-party sellers are kicking our first-party butt".

The company in October pledged to pay all of its warehouse workers at least $15 an hour, after presidential hopefuls Warren and Bernie Sanders held out Amazon workers on food stamps as an example of the need for living-wage protections.

Adel al-Jubeir, Saudi Arabia's former minister for foreign affairs, told CBS News that the government had "nothing to do with" the matter.

The sale, if it does happen, would likely not be welcomed by president Trump, a friend of AMI CEO David Pecker and a big fan of the supermarket staple.

Though de Becker wrote that the results of his investigation had been turned over to federal officials, it is standard practice for prosecutors to conduct their own examination of such allegations, and, in the case of a hacking claim, to seek first-hand access to the electronics that were allegedly compromised.

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