Gawker is broke and seeks buyer – Heise Newsticker

Hulk Hogan action for a Sexvideos has Gawker Media ruined

(Photo: AP).

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billionaire Peter Thiel won: An operation funded by the action before it has Gawker Media ruined. The company hopes to have a life after bankruptcy and looking for a new owner.

140 million US dollars to Gawker Media paid to Hulk Hogan, because it had published an intimate video recording. So much money has not Gawker but. Therefore, the blog network has reported its insolvency on Friday and filed for bankruptcy protection under US law.

The holding company for the time being the creditor from the neck so that it can try to regroup. Furthermore Gawker seeking a buyer. According to New York Times media group Ziff Davis has already placed a bid of 90 to 100 million dollars. This would fulfill the function of a starting price in a judicial auction procedures.

Even with his billions , Thiel will not silence our writers. Our sites will thrive – under new ownership – and we’ll win in court

-. Nick Denton (@nicknotned) June 10, 2016

Gawker founder Nick Denton does not give up.

The Hollywood Reporter reports that Gawker already was up loans over 22 million US dollars. This money is intended to help in the restructuring and fund the appeal against the judgment Hogan. Overall Gawker Media has indicated liabilities between 100 and 500 million, but only 50 to 100 million dollars in assets.

Gawker outed Peter Thiel as gay

Hulk Hogan’s real name is Terry G. Bollea . Therefore, the run before a court of the State of Florida as a method Bollea v. Gawker is known. Hogan had Gawker, whose founder Nick Denton, the author of the article, and other Gawker employees sued to 100 million dollars in damages.

Peter Thiel is from Frankfurt. Reich he was with Paypal and Facebook.
image: Heisenberg Media CC-BY 2.0 <- RSPEAK_START - > the applicant feels embarrassed by the video release. This from a friend Hogans prepared video shows Hogan during intercourse with the former wife of his friend. From the half-hour video Gawker had published two minutes it showed ten seconds sex.

The court has 115 million dollar was awarded more than Hogan had demanded. Recently it added more $ 25 million in punitive damages added. As it became known only after the judgment, the billionaire Peter Thiel had financed the action Hogans. Thiel co-founded PayPal’s and has invested early in Facebook. He currently supports Donald Trump in the election campaign for the US presidency. Gawker has 2007 Thiel incurred resentment by outed him as homosexual

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