Conor Brophy: Univision’s $135m buyout of Gawker Media exhibits the art of a good deal

A Univision tie-up might be just the thing to fill that gap in its portfolio

Nick Denton is founder of Univision Pic: Getty

Univision may have picked itself up a bargain through its $135 million acquisition of Gawker Media.

The deal is subject to court approval in the US, as Gawker was being sold through the transatlantic equivalent of the examinership process. That came to pass because founder Nick Denton effectively did an Orson Welles – just as Welles baited William Randolph Hearst by skewering the media baron in Citizen Kane, so Denton made a powerful ...