Peter Thiel Bids on Gawker Assets Amid Bankruptcy


Peter Thiel made an offer to purchase some assets of Gawker Media LLC, the news and gossip site he helped bankrupt in 2016 by secretly funding a lawsuit, said a person familiar with the offer.

Although media company Univision Holdings Inc. purchased many of Gawker’s assets in 2016, the site’s archives, including stories about Thiel himself, are still for sale. It’s unclear how much Thiel offered or what he intends to do with Gawker if he’s successful in outbidding other suitors…
Categories : Finance

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