Probably because Theil wants Gawker dead after they were the outlet that outed him as homosexual. I wouldn't necessarily blame him. Just tying the publication up in court and legal fees could sink it.
Gawker didn't out Peter Thiel. Peter Thiel outed Peter Thiel. It was the worst kept secret in San Francisco, and he had a public Friendster profile that made it pretty clear he was GAY GAY GAY.
