Gawker Website Set to Be Shut Down

Move follows Univision’s winning $135 million bid for Gawker Media
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Notorious online news website Gawker.com is shutting down after its parent company was forced into bankruptcy then sold to Univision Communications.

According to a post on Gawker.com, Gawker Media CEO Nick Denton told staffers Thursday afternoon that the site will shut down next week.

RELATED: Univision Wins Bidding for Gawker Media

Univision won a court administered auction for Gawker. The transaction is expected to be formalized at a 2 p.m. hearing. Univision had no comment on the website shutdown.

Read more at B&C.

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