National Enquirer Owner Seeks Bankruptcy Protection

Summary


After years of dishing tales of celebrity folly and misfortune, The National Enquirer's publisher has fallen on hard times of its own.

American Media Inc. plans to seek federal bankruptcy protection in the next two weeks or so. The privately held company, based in Boca Raton, Fla., announced its intention Monday without sharing any details about its finances.

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Extract


National Enquirer Owner Seeks Bankruptcy Protection

Calls to American Media weren't immediately returned.

American Media, whose other publications beside The National Enquirer include Star, Shape, Men's...

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