Alex Jones Fights The Onion's Infowars Acquisition

1 min read
Source: CNN
Alex Jones Fights The Onion's Infowars Acquisition
Photo: CNN
TL;DR Summary

Alex Jones has filed a lawsuit to prevent the sale of his media company Infowars to The Onion, claiming collusion between the bankruptcy trustee and Sandy Hook families. The sale is part of bankruptcy proceedings to pay the $1.5 billion Jones owes for defamation. The Onion's bid, valued at $1.75 million in cash plus a credit from the families, is contested by Jones, who argues the valuation is flawed. A competing bid from a company linked to Jones was higher, but the auction process is under scrutiny for lack of transparency.

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