Anyone looking to buy a newspaper (well, now it’s just a website) should probably get in touch with Jared Kushner, who is rumored to be looking to ditch The Observer.
According to WWD, Kushner—who bought The Observer in 2006 for $10 million—has been “quietly shopping” the paper to potential buyers, including American Media Inc (AMI). That, however, appears to news to AMI.
“There are absolutely no discussions regarding an acquisition of the Observer,” an AMI spokesperson told Politico.
It wouldn’t be surprising if Kushner is trying to sell the paper.
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