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nick denton
"The saga is over."
Wrestler Hulk Hogan's lawsuit pushed Denton to file for Chapter 11.
A judge refused to extend protections shielding Nick Denton from liabilities.
Thiel's at war with Denton, but he avoided this battle.
WHAT'S HAPPENING
The Gawker Media founder hit back at Thiel in an open letter.
The $115 million verdict against Gawker might not affect other media all that much.
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