Gawker Seeks New Funding Ahead of Hulk Hogan Trial

International Business Times: Gawker Media is seeking funding from outside investors and calling an “extraordinary general meeting” of shareholders on Thursday to approve a new class of Series B preferred shares. The company confirmed the move as a way to finance its ongoing legal battle with ex-WWE legend Hulk Hogan. It’s the first time Gawker has courted outside investors to fund its punchy brand of news and views, sources say.