AMI trades $3M in ads for shares of protein-powder firm

AMI trades $3M in ads for shares of protein-powder firm
American Media Inc. has agreed to give $3 million in advertising to MusclePharm, a protein-powder supplement maker, in exchange for more than 920,000 shares of common stock in the publicly traded company. AMI Chief Executive David Pecker called the deal “an extraordinary partnership ” The supplement maker was closely associated with Arnold Schwarzenegger, as a...