Judge Halts The Onion's Bid to Buy Infowars

1 min read
Source: Financial Times
Judge Halts The Onion's Bid to Buy Infowars
Photo: Financial Times
TL;DR Summary

A Texas bankruptcy judge has blocked The Onion's attempt to acquire Infowars, the far-right website created by Alex Jones, citing that the auction did not secure the best bids for creditors. The Onion had won the auction to purchase Infowars, which was being sold to pay off $1.5 billion in damages owed by Jones to the Sandy Hook families. Despite support from some of these families, the judge ruled the process should have maintained competition between The Onion's bid and a rival offer linked to Jones. The decision leaves the future of Infowars' sale uncertain.

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