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Univision Wins Bidding for Gawker Media

Accepted submission by butthurt at 2016-08-17 03:40:45
Techonomics

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]


Original Submission