J.K. Trotter revealed Wednesday that the future of website gawker.com was hanging very much in the balance of the Univision deal. He wrote about an all-hands meeting with Gawker Media president Heather Dietrick, who informed that the prospective new owners were unsure about the future of the site but that a decision would be made soon.
This afternoon, Trotter confirms that the end has arrived:
Nick Denton, the company’s outgoing CEO, informed current staffers of the site’s fate on Thursday afternoon, just hours before a bankruptcy court in Manhattan will decide whether to approve Univision’s bid for Gawker Media’s other assets.
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