Didit marketing services firm is bidding for Gawker Media, according to Reuters.
The move follows the May 17 court approval of a peace treaty between Gawker and Peter Thiel.
The billionaire venture capitalist had funded the successful lawsuit of wrestler Hulk Hogan that drove Gawker into Chapter 11.
Under the court ruling, Thiel has agreed not to buy Gawker.com, which will be sold in bankruptcy, and to release claims against any future buyer.
Kevin Lee, Didit's co-founder & executive chairman, told Reuters if his firm is successful, it will re-launch Gawker as "Gawker for Good, using ad revenues to donate to non-profits."
Based in Mineola, NY, Didit has acquired PR firms LVG Group, JB Cumberland PR and Bridge Global Strategies.