Billionaire Peter Thiel Helped Bankrupt Gawker. Now He May be Looking to Buy it

Venture capitalist Peter Thiel may be looking to buy online news site Gawker.com, BuzzFeed said on Wednesday.

Thiel‘s lawyers have objected to the currently ongoing sale process of Gawker.com, saying that he has been prohibited unreasonably from bidding for the website’s assets, the internet media company reported, citing a federal bankruptcy court filing.

Thiel, who is Facebook‘s fb first major investor and a co-founder of payment service PayPal...

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