Gawker’s Potential Buyer Fears Deal Used as Leverage

New York Post: The publishing company that has offered to buy Gawker is worried that the bankruptcy filing by founder Nick Denton is a negotiating tactic to extract a lowball settlement of Hulk Hogan’s $140 million jury award. “We are concerned [that Denton] would use our deal as leverage,” said Michael Torkin, attorney for would- be purchaser Ziff Davis.