Gawker is being sold to Univision for $135 million

Gawker is being sold to Univision for $135 million, Recode’s Peter Kafka reported on Tuesday, who cites a source familiar with the media company’s auction.

Univision’s purchase of the bankrupt Gawker Media follows a two-way bidding battle between Univision and Ziff Davis, who originally opened the auction with a bid of $90 million.

Developing…

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