Gawker, Hulk Hogan in settlement talks over privacy case: WSJ

(Reuters) - Gawker Media Group is engaged in preliminary talks with the former professional wrestler Hulk Hogan to reach a settlement over a $140 million court judgment that led the company to file for bankruptcy protection, the Wall Street Journal reported on Sunday. The settlement talks come a week ahead of a court-administered auction that will see Gawker Chief Executive Nick Denton lose control of the company, the Journal said. Similar discussions had taken place throughout the legal process