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Nick Denton Files For Bankruptcy

  • Politico, Monday, August 1, 2016 2:30 PM
To keep Hulk Hogan from seizing his assets, Gawker Media founder Nick Denton is filing for Chapter 11 personal bankruptcy protection. Gawker Media itself filed for bankruptcy back in June after a judge sided with Hogan in its suit against the media company. As Politico notes, “Peter Thiel, a billionaire technology venture capitalist who dislikes Gawker, secretly funded Hogan's lawsuit against the company.”

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