Gawker Gets Court's OK For $1.4M Sale To Bustle Owner

Law360 (July 17, 2018, 8:53 PM EDT) -- The $1.35 million sale of Gawker.com to the founder of online magazine Bustle was approved by a New York bankruptcy judge on Tuesday, giving the inactive gossip news site a chance to be revived in some form under new ownership.

The marketing and auction of Gawker's domain name, story archive and other related assets was adequate and fair, U.S. Bankruptcy Judge Stuart M. Bernstein said at a court hearing Tuesday during which he approved Gawker Media LLC's Chapter 11 sale of assets to a holding company for Bryan Goldberg, the founder and CEO of Bustle Digital Group.

Goldberg emerged as the...

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