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Thiel Reaches Pact Not To Buy Gawker Assets, Avoids Claims

By Alex Wolf (April 25, 2018, 9:30 PM EDT) -- Billionaire Peter Thiel has agreed to drop his pursuit of purchasing what remains of defunct news gossip site Gawker after reaching an agreement with Gawker's Chapter 11 plan administrator that frees Thiel from potential claims for bankrolling litigation that gutted the company....

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