Bankruptcy Judge Halts The Onion's Infowars Acquisition

1 min read
Source: Block Club Chicago
Bankruptcy Judge Halts The Onion's Infowars Acquisition
Photo: Block Club Chicago
TL;DR

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.

Share this article

Want the full story? Read the original reporting

Read on Block Club Chicago