Vox Media and Penske Media Going Halfsies on Gawker Bid?
Penske may not have the money (though it could team up with an investment firm or another company for help). Penske Media declined to comment.
Vox Media could offer Gawker Media a deal in the form of stock. But Vox Media is not a public company, and valuing its stock is an inexact science. The other option would be to team up with another company or an investment firm that could supply cash for an acquisition. In any case, it is not clear what Gawker would bring to the company that it does not already have.
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Vox Media and Penske Media Going Halfsies on Gawker Bid?
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on
August 15, 2016
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