$35 Billion Merger Fails Because Everyone in Charge Is a Baby


The real loser is me, because I read a business article on gawker.

Speaking of Gawker, Hulk Hogan crushed Gawker’s face into the mat!!! laugh

Gawker Media LLC has reached a settlement in the invasion-of-privacy lawsuit brought by Hulk Hogan that drove the web publisher into bankruptcy.


^Peter Thiel had a huge role in that as well. Gawker got exactly what it deserved.

It sounds like the merger’s disruption has more to do with management control structure, lack of regulatory approval, and other legal and financial complications. However, Gawker simplified this issue to the level that is understandable to the unemployed English major dropout who wrote the article.