Defense attempts to poke holes in witness' account of hush money meeting at Trump Tower [MSNBC.com]
DUFRY AG UNSP/ADR (DUFRY)
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Source: MSNBC.com
Bove asked Pecker about the proposed deal to sell the National Enquirer and two other tabloids to the Hudson Group, a travel retailer. Pecker replied that he did not recall the "exact dates" of the proposed transaction.He then asked whether Pecker told the Manhattan district attorney's office that sale negotiations were taking place when AMI cut a nonprosecution agreement with federal prosecutors in New York.Bove asked Pecker: "You knew that, to consummate that deal, you had to clear up the investigations?" Pecker replied yes.Bove then got Pecker to further admit that such an arrangement was baked into the deal papers with the Hudson Group. Bove asked whether the transaction put additional pressure on him, and Pecker replied that, "from a timing standpoint," it "put further stress on the transaction."The upshot: Bove is suggesting that Pecker and AMI admitted to certain misconduct.
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