Univision to buy Gawker Media out of bankruptcy

SAN FRANCISCO: Univision on Tuesday won the bidding for embattled Gawker Media, which recently filed for bankruptcy after being ordered to pay $140 million to Hulk

Published on: Aug 18, 2016, 07:22:50 IST

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SAN FRANCISCO: Univision on Tuesday won the bidding for embattled Gawker Media, which recently filed for bankruptcy after being ordered to pay $140 million to Hulk Hogan for releasing his sex tape. US media reports pegged the purchase at $135 million.