As of the time of this writing there are only two known bidders for the assets of Gawker Media, which include sites such as Gawker.com, Deadspin, and Jezebel, reports Reuters:
• Ziff Davis: the media company behind web properties including ExtremeTech, PC Magazine, and Geek.com, has offered $90 million to acquire Gawker Media and its assets
• Univision: the Spanish-language television and news organization is reported to have placed a bid of an unknown amount for Gawker Media
Opening bids were due by 5 p.m. on Monday, with additional bidding due to take place in the offices of Gawker’s bankruptcy attorneys on Tuesday. It’s possible other companies may have placed opening bid and that those bidders have not been leaked yet. Vox Media, which owns Recode, and Penske Media, which owns Variety and Deadline, were expected to make the bidding decline yesterday but it is not known if they actually did.