a former employee at Yahoo!, filed a lawsuit against Gawker alleging the site said she was dating her boss, and therefore invaded her privacy and defamed her. 2016 Chapter 11 bankruptcy protection On June 10, 2016, Gawker filed for Chapter 11 bankruptcy protection, and reports suggested that the company might be negotiating with potential buyers, including a stalking horse offer from Ziff Davis for "under $100 million". Asset seizure On July 29, 2016, in a meeting with the courts, Denton was chastised for inflating the value of his equity in Gawker. The presiding judge stated that Denton informed the court that the value of his stock was valued at eighty-one million dollars. This valuation was used to give the court and Hogan the impression that Denton's stock would cover the majority of the money owed by the company. However, the stock was found to be valued at thirty million, and not the cited eighty-one million. In the wake of this revelation, the court found that Denton had not acted in good faith, and issued an order stating that Hogan could begin seizing assets from Gawker. Univision Communications acquisition and subsidiary era (2016–present) On August 16, 2016, Univision Communications paid $135 million at auction to acquire all of Gawker Media and its brands. This ended Gawker Media's fourteen years of operation as an independent company, as it was planned at that time to become a unit of Univision. On August 18, 2016, Gawker.com, Gawker Media's flagship site, announced that it would be ceasing operations the week after. Univision continued to operate Gawker Media's six other websites, Deadspin, Gizmodo, Jalopnik, Jezebel, Kotaku, and Lifehacker. Gawker's article archive remains online, and its employees were transferred to the remaining six websites or elsewhere in Univision. On August 22, 2016, at 22:33 GMT, Denton posted Gawker's final article. On September 10, 2016, Univision removed six controversial posts from various Gawker Media sites, each with the note: "This story is no longer available as it is the subject of pending litigation against the prior owners of this site." List of blogs previously operated by Gawker Media Sold to Univision, renamed Gizmodo Media Group Deadspin – Sports Gizmodo – Gadget and technology lifestyle Jalopnik – Cars and automotive culture Jezebel – Celebrity, sex, and fashion for women Kotaku – Video games and East Asian pop culture Lifehacker – Productivity tips Sploid – shut down in 2006 but