When approached about the rumored sale, Observer Media chairman and chief executive Joseph Meyer did not deny it.
“As one of the fastest-growing businesses in all of digital media, we are constantly being approached by potential investors and partners,” Meyer, who is also Kushner's brother-in-law, told WWD.
According to the report, one rumored potential buyer had been American Media Inc., the parent company to the National Enquirer. The President-elect has praised the Enquirer in the past, and it has published several stories that took aim at Trump's primary opponents.
AMI declined to comment to WWD, but anonymous sources apparently expressed their doubts that AMI would buy the Observer.
Kushner, who is married to Trump's daughter Ivanka, has been reported to be preparing to take on the role of an aide, either officially or unofficially, in Trump's administration next year. He and Ivanka Trump are also reportedly shopping for a home in Washington, D.C.