Here’s a tiny, tiny wrinkle in the ongoing Gawker Media auction: LittleThings, a digital publisher that specializes in Facebook-friendly content, says it wants to buy Jezebel, one of the sites owned by Gawker Media.
Web publisher LittleThings says it wants to buy Gawker Media’s Jezebel, which isn’t for sale
Also? Bids were due yesterday.
Asa Mathat
Peter Kafka covered media and technology, and their intersection, at Vox. Many of his stories can be found in his Kafka on Media newsletter, and he also hosts the Recode Media podcast.
The problem is, Jezebel isn’t for sale: Gawker Media, which is in bankruptcy, wants to sell all seven of its sites to either Ziff Davis or Univision, the only two bidders in an ongoing auction. (Gawker may also agree to keep Gawker.com out of the package.) Oh, also: Bids were due yesterday.
So to sum up: LittleThings wants to buy a thing it can’t buy, at least not right now. It’s possible that after the deal closes, Ziff Davis or Univision may want to sell Jezebel, but that’s a different story.
And for those keeping track of this stuff: LittleThings says it will pay $10 million for the site — but that $10 million would be in the form of its private stock.
This article originally appeared on Recode.net.
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