Univision Is Buying Bankrupt Gawker Media for $135 Million — Fortune

Univision, the Spanish-language broadcaster that has been rapidly expanding online through acquisitions, has agreed to buy bankrupt publisher Gawker Media’s assets for approximately $135 million, the company confirmed Tuesday. Gawker began a court-ordered auction of its business on Monday after losing a $140-million court case earlier this year involving former wrestler Hulk Hogan, who sued…

via Univision Is Buying Bankrupt Gawker Media for $135 Million — Fortune