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After Bankrupting Gawker, Peter Thiel Demands a Chance to Buy Them (buzzfeed.com)
An anonymous reader quotes BuzzFeed:
In a federal bankruptcy court filing on Wednesday, lawyers for venture capitalist Peter Thiel objected to the ongoing sale process of Gawker.com, arguing that the billionaire has been unfairly excluded from bidding for the assets of the defunct news website... Whoever ends up buying the site will also buy its archives, which are still up, and will have the right to do with them what they want, including delete them. In the filing, Thiel's lawyers allege that he was prevented from receiving information in regard to a potential bid for Gawker.com by plan administrator William Holden and his counsel, Gregg Galardi, following a Wall Street Journal story in October that said Holden and Galardi had started to market the website to potential buyers...
The Wall Street Journal reported that Holden has been exploring the sale of Gawker.com since July, and that he recently marketed the site's potential legal claims against Thiel as part of its appeal. The marketing of those claims is at the center of Thiel's complaint, in which his lawyers argue that Holden should not be able to conduct a sale of those claims and ask that the court drop a motion that allows for discovery to move forward. Thiel's representatives also said that they contacted those administrating the sale of Gawker.com last month "to express Mr. Thiel's interest in participating in the sale process," but that they had been rebuffed and then ignored.
Thiel's complaint calls him the "most able and logical purchaser."
The Wall Street Journal reported that Holden has been exploring the sale of Gawker.com since July, and that he recently marketed the site's potential legal claims against Thiel as part of its appeal. The marketing of those claims is at the center of Thiel's complaint, in which his lawyers argue that Holden should not be able to conduct a sale of those claims and ask that the court drop a motion that allows for discovery to move forward. Thiel's representatives also said that they contacted those administrating the sale of Gawker.com last month "to express Mr. Thiel's interest in participating in the sale process," but that they had been rebuffed and then ignored.
Thiel's complaint calls him the "most able and logical purchaser."
Suck it Gawker
That site was so gay.
Get absolutely FUCKED gawker
At it all.
Republicans are pervs.
Gawker was gay. I wish the same would happen to this gay site.
Traitor.
I seriously doubt Thiel wants to delete the archives proving one of the original fake news agencies made nearly everything up.
Bankrupt Bank of America by tricking them with a nasty trap deal, while leaving them with all the blame, then buy them up.
Except that Goldman Sachs' Lloyd Blankfein, and his old employee and now bailout manager, overseeing the whole thing, met to discuss what how to handle the thing, so they didn't have to beg and bitch like a little baby, Mr. Thiel!
Bribery is for troglodytes and lobbying politicians is for n00bs. Real pros simply ARE the politicians. #include <revolving_door.gif>
The seller can refuse sale to Thiel, There is no law that says he can't be excluded, as much as he would like to try and invent it. If I think a buyer is a complete scumbag, I am well within my rights to not take their offer. I would sell to another party, just to piss them off.
Thiel may be easy to dislike, but he beat Gawker like a rented mule.
Happiness in intelligent people is the rarest thing I know.
Ernest Hemingway
http://gawker.com/a-judge-told...
https://en.wikipedia.org/wiki/...
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are currently up on gawker.com itself. Don't let Thiel delete them, make copies.
Gawker didn't slander Thiel by outing him -- the news was true. His revenge campaign is petty and should be thwarted by all means available.
Gawker isn't only bad journalism, it has always been intentionally controversial and damaging to not only the fools who read Gawker (and their many other blog news sites), but damaging to society.
Under different domain names, just like a certain site beginning in goat... :)
Or is that "pooping up."
I had days where I wanted to buy Slashdot and delete my ~12,000 comments from the last 20 years. But I have better places to spend my five bucks.
This is merely an excellent way to acquire new businesses. If the math is there, and you want it, Bankrupt the business first, then buy it. My free market senses are tingling with the new business model. What is more, it is approved in the Holy Bible - reference Uriah the Hittite, killed by King David, who was already yencing Uriah's wife, knocked her up, and after having Uriah out of the way, married her. So all is good.
The shepherds did so well protecting the flock that the sheep no longer believed that wolves existed.
maybe the outings were a good thing -- it showed the world that celebrities, CEOs, engineers, anyone could be gay and successful. If anything, they contributed a lot to acceptance.
You are not wrong here. Indeed, Thiel never accused Gawker of slandering anybody.
WTF? Thiel was openly gay years before Gawker first heard of him... Get your alternative facts closer to reality.
"Revenge porn" is nearly always true as well — the videos and photos are unaltered. Is it Ok to do it? How about "doxing"?
His revenge campaign is complete — he caused the assholes to run into the ground. He just wants to piss at their crash-site. To "thwart" him, you have to offer the Gawker's creditors a deal better than Thiel is offering. Pony up the cash, or shut up.
In Soviet Washington the swamp drains you.
What an African shithole the USA has become since Nixon.
Gawker reported on a bunch of his shadier business dealings. Gawker actually did a lot of real journalism and used the tabloid stuff to pay for it. Muck racking is a pretty vital part of a Democracy and we just lost one of the biggest rakes.
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He wants access to information on Gawker he says he needs to make a bid, and claims the administrator is withholding.
He's not entitled to squat, he's just trying to get access to details on the writers and journalists, their salaries, addresses, employee records etc. He's using the sale of Gawker as an excuse to try to obtain those by way of nuisance lawsuit to block the asset sale.
One final piece of Thiel shit.
He really is just a piece of shit that nobody will miss.
... Buzzfeed reposts?
Perhaps I can also interest you in a tire fire
Microsoft perfected that process back in the day. They'd make a great offer for a company's technology. Microsoft would agree to buy X units, at a price very profitable to the company, after they made a few improvements or integrations with Microsoft's other software. Of course, the target company wasn't allowed to sell to anyone else during that period. In the fine print Microsoft would get right of first refusal if the company was ever sold.
The company would work to make the improvements and integrations Microsoft asked for, unable to take any other customers during that time. When it came time for Microsoft to accept delivery, they'd sit on it for a month and not reply. Then they'd decline delivery, asking for more changes. When that run-around finally ended they'd eventually have to accept delivery, so then they sit in making the payment. Sometimes the contract might call for a late fee, which doesn't matter when they aren't paying anyway. A year after the contract was signed, without being allowed to sell to any other customers and having not been paid by Microsoft, the company would go under. The owners might well be behind on their mortgage at this point. That's when Microsoft would offer to buy the company for a pittance. They did the same dance over and over again.
"Yesterday the Hon. Pamela A.M. Campbell, a circuit court judge in Pinellas County, Fla., issued an order compelling Gawker to remove from the internet a video of Hulk Hogan fucking his friend's ex-wife, as well as a 1,400-word narrative of the video written by former Gawker editor A.J. Daulerio and 466 user-submitted comments. Here is why we are refusing to comply.....It requires us to remove the video as well as "the written narrative describing activities occurring during he private sexual encounter, including: (a) all descriptions of visual images and sounds captured on the Sex Tape or any other video of this private sexual encounter, and (b) all direct quotations of words spoken during this private sexual encounter and recorded on the Sex Tape or any other video of this private sexual encounter."
The judge was well outside of the constitution there. Terry Gene Bollea (Hulk Hogan) is not entitled to silence reports of his infidelity with his friends wife. Either she or Hogan himself filmed it, and he has profitted from its release.
Gawker didn't make the revenge porn, they only reported it. If it was even revenge porn, it was filmed by the participants in it, and released by one or other of them, presumably to pump their careers.
Thiel just saw an opportunity to take a professional actor (Hogan) and put him in court to do some acting.
Thiel did that in revenge against Gawker mentioning in passing his (open) homosexuality.
Gawker reported only the truth, nothing but the truth, so help them god.
Billionaire whining that he can't buy the critics he used his wealth to destroy in the first place. One of the more despicable things I've seen in my life. (And there's been a lot of competition for that lately.)
Rule 35 of the internet: "If it can be hacked, it will be". - Charles Stross
Hulk Hogan had sex with his best friends wife and he/she made a video of it. Thiel is gay. Reporting facts is what Gawker should do.
" the right to a free press includes the right to publicize a sex tape recorded without consent. "
The right to a free press ABSOLUTELY includes the right to publicize FACTS AND EVIDENCE without consent.
Do you think you need the consent of Trump to publish the pee tape? Or any of the other tapes Putin holds as leverage?
How tolerant of you liberals.
He can't guarantee that there won't be any more repurcussions from his funding of the Bolea lawsuit against Gawker unless he buys Gawker. So the real question is, how much can the bankruptcy administrators increase the price to fuck Peter Theil one last time?
What an arrogant cocksucker.
it's gone forever, right? /s