Gawker Announces They Are Shutting Down Operations, Hulk Hogan Comments

It looks like Hulk Hogan has dropped the big leg on yet another opponent, as Gawker announced on Thursday that they will be shutting down operations next week.

The news comes after the company lost in the amount of $140 million in their lawsuit with the legendary pro wrestler. After 14 years in business, Gawker made the announcement regarding the shutting down of operations on their official website with the following statement:

“After nearly fourteen years of operation, Gawker.com will be shutting down next week. The decision to close Gawker comes days after Univision successfully bid $135 million for Gawker Media’s six other websites, and four months after the Silicon Valley billionaire Peter Thiel revealed his clandestine legal campaign against the company.

“Nick Denton, the company’s outgoing CEO, informed current staffers of the site’s fate on Thursday afternoon, just hours before a bankruptcy court in Manhattan will decide whether to approve Univision’s bid for Gawker Media’s other assets. The near-term plans for Gawker.com’s coverage, as well as the site’s archives, have not yet been finalized.”

After catching wind of the news, “The Hulkster” took to social media to comment on “slamming another giant.” He posted the following tweet:

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