Gawker exploring sale following Hulk Hogan case: New York Post

(Reuters) - Gawker Media, the New York-based owner of online news and gossip website Gawker.com, is exploring a sale following a court ruling that it pay $140 million to wrestler Hulk Hogan over the publication of a sex tape, the New York Post reported. The Wall Street Journal later also reported that Gawker, founded and run by Nick Denton, had hired investment banker Mark Patricof of Houlihan Lokey to explore strategic options, including a sale. Hogan sued the website for posting a video clip i