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Nick Denton Whines About Peter Thiel as Gawker Settles with Hulk Hogan

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Gawker founder Nick Denton announced a settlement with Hulk Hogan, following the sale of Gawker and the personal bankruptcy of Denton.

“After four years of litigation funded by a billionaire with a grudge going back even further, a settlement has been reached. The saga is over,” declared Denton in a post on his personal blog. “As the most unpalatable part of the deal, three true stories — about Hulk Hogan, the claim by Shiva Ayyadurai that he invented email and the feud between the founders of Tinder — are being removed from the web.”

“All-out legal war with Thiel would have cost too much, and hurt too many people, and there was no end in sight,” he complained. “The Valley billionaire, famously relentless, had committed publicly to support Hulk Hogan beyond the appeal and ‘until his final victory.’ Gawker’s nemesis was not going away.” – READ MORE

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