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Vultures Circle Gawker Media's Remains

Up to seven suitors plan on attending Gawker Media bankruptcy auction, on August 16, The New York Post reports. “The auction will kick off a ‘stalking horse’ bid of $90 million from Ziff Davis, which agreed to assume some of Gawker’s liabilities but not the $140 million invasion-of-privacy judgment for former pro wrestler Hulk Hogan,” it writes. “Univision … is expected to give Ziff Davis a run for its money.”

Read the whole story at New York Post »

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