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comment by johnnyFive
johnnyFive  ·  3092 days ago  ·  link  ·    ·  parent  ·  post: Gawker Files for Bankruptcy, Will Be Put Up for Auction

And nothing of value was lost.

That said, it doesn't look like much will actually change. In describing why they're putting in the first bid, the CEO of Ziff Davis said:

    “There’s a tremendous fit between the two organizations, from brands to audience to monetization. We look forward to the possibility of adding these great brands—and the talented people who support them—to the Ziff Davis family.”

So it looks like they'll be back at before long.