Bankruptcy Judge Halts The Onion's Infowars Acquisition
TL;DR Summary
A Texas bankruptcy judge has rejected The Onion's $1.75 million bid to purchase InfoWars, owned by Alex Jones, in a Chapter 7 bankruptcy auction. The decision followed a dispute with a higher $3.5 million bid from a Jones-affiliated company, which argued the process was biased. The Onion's bid, supported by Sandy Hook families owed damages by Jones, was deemed insufficient by the judge, who instructed a reassessment of the auction process. The Onion expressed disappointment and plans to continue pursuing the acquisition.
- The Onion’s Purchase Of InfoWars Rejected By Bankruptcy Judge Block Club Chicago
- Judge blocks The Onion’s purchase of Alex Jones’ Infowars CNN
- What happens next with Alex Jones’ Infowars? No certainty yet after sale to The Onion is rejected The Hill
- Infowars Sale to The Onion Rejected by Federal Bankruptcy Judge The New York Times
- Bankruptcy judge rejects The Onion's bid to buy Alex Jones' Infowars NBC News
Reading Insights
Total Reads
0
Unique Readers
1
Time Saved
3 min
vs 3 min read
Condensed
86%
585 → 82 words
Want the full story? Read the original article
Read on Block Club Chicago