Article 1GSGM Gawker declares bankruptcy, will auction itself off in wake of Hulk Hogan lawsuit

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

by
Cyrus Farivar
from Ars Technica - All content on (#1GSGM)
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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.

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