Peter Thiel makes offer to buy Gawker, the news site he helped bankrupt

Venture capitalist faces legal hurdles by bidding for site, which has been shut down for more than a year following Hulk Hogan lawsuit he bankrolled Venture capitalist Peter Thiel has made an offer for Gawker, hoping to overcome legal hurdles and rival bidders for the online news site whose collapse the billionaire helped precipitate last year, people familiar with the matter said on Thursday. Gawker’s gossipy news site has been inactive for more than a year, after it was shut down following a massive Read full story