Gawker sold to Univision for $135M

August 16, 2016 11:43 PM

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Univision Communications, the Spanish-language media company, agreed Tuesday to buy certain assets of Gawker Media in a bankruptcy auction, marking the formal end of publisher-owner Nick Denton’s heated reign at the online publisher.

Terms of the deal weren't disclosed. But Univision paid about $135 million, according to a person familiar with the matter.

Also read: Gawker’s Nick Denton Lists His Manhattan Loft for $4.25 Million

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