CBS News reports [cbsnews.com] that Univision has won the auction for Gawker Media. Univision bid $135 million for the company. The only other bidder was Ziff Davis. The sale must be approved by a bankruptcy court.
previously:
Hulk Hogan Awarded $115 Million in Privacy Suit Against Gawker Media [soylentnews.org]
Hulk Hogan's Sex Tape and a Tech Billionaire's Revenge on Gawker [soylentnews.org]
Gawker Files for Chapter 11; Won't Pay Hulk Hogan and Peter Thiel [soylentnews.org]