New story in Business from Time: Peter Thiel Made an Offer to Buy Gawker, the Website He Helped Close

New story in Business from Time: Peter Thiel Made an Offer to Buy Gawker, the Website He Helped Close

(NEW YORK) – Venture capitalist Peter Thiel has made an offer for Gawker, hoping to overcome legal hurdles and rival bidders for the online news site the billionaire helped shutter by funding litigation against it, people familiar with the matter said on Thursday. Gawker, which has been inactive for more than a year, is conducting …