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August 16, 2016 10:56 pm GMT

Univision wins auction to acquire Gawker Media

GOOD MORNING AMERICA -Nick Denton of Gawker is a guest on "Good Morning America," 3/24/16, airing on the ABC Television Network. (Photo by Fred Lee/ABC via Getty Images)Univision has won the auction to acquire Gawker Media’s websites and business. Recode broke the news, reporting the acquisition price was$135 million and would cover all seven of Gawker’s websites. The company’sfounder Nick Denton confirmed the deal in an email to reporters: Gawker Media Group has agreed this evening to sell our business and popular brands to Univision,… Read More

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