Gawker Media Received Only 2 Bids

Posted Tuesday, August 16, 2016 8:09 am

Chris O'Shea | Fishbowl NY

For all the hype surrounding Gawker Media’s bankruptcy sale, it failed to produce more than two offers.

In addition to Ziff Davis’ $90 million “stalking horse” offer for Gawker Media, Univision Communications wants in. Reuters reports that the company—which owns the Spanish-language cable network Univision, Fusion, The Onion, and more—has made a bid to compete with Ziff Davis’ number.

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Gawker Media Received Only 2 Bids

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