Judge Denies The Onion's Attempt to Acquire Infowars

1 min read
Source: NPR
Judge Denies The Onion's Attempt to Acquire Infowars
Photo: NPR
TL;DR Summary

A federal bankruptcy judge rejected The Onion's bid to acquire Alex Jones' Infowars, citing flaws in the auction process and a failure to maximize value for creditors, including families of Sandy Hook victims. The decision marks a rare win for Jones, who owes over a billion dollars in damages for defamation. The judge criticized the auction's lack of transparency and the trustee's decision to cancel a live auction, leading to insufficient offers from both The Onion and a business affiliate of Jones.

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