Univision buys Gawker

Spanish-language media company Univision is buying embattled media company Gawker, which declared bankruptcy after losing a lawsuit brought by Hulk Hogan. Earlier this year, Univision took full ownership of Fusion, a news and entertainment outlet, and has acquired stakes in companies like satire site The Onion, and African-American commentary site The Root. It’s part of Univision’s growing media portfolio.