Gawker declares bankruptcy, will auction itself off in wake of Hulk Hogan lawsuit

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(credit: Miguel Discart ) UPDATE 3:00pm ET : The Verge located and published Gawker’s federal Chapter 11 bankruptcy protection filing, which we have mirrored here . In that document, owner Nick Denton estimates the company’s assets at $50 million to $100 million, and liabilities at $100 million to $500 million. Ryan Mac, a reporter at Forbes , provided Ars with a three-page statement from Gawker, that we have published in full , here. Read 9 remaining paragraphs | Comments

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Gawker declares bankruptcy, will auction itself off in wake of Hulk Hogan lawsuit

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