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Judge Blocks The Onion's Attempt to Acquire Infowars

1 min read
Source: The Verge
Judge Blocks The Onion's Attempt to Acquire Infowars
Photo: The Verge
TL;DR

A Texas bankruptcy judge has blocked The Onion's acquisition of InfoWars, citing issues with the sealed bidding process that did not maximize returns for creditors. The Onion had bid $7 million, partly funded by money awarded to Sandy Hook families from their lawsuit against InfoWars founder Alex Jones. Despite the setback, The Onion's parent company, Global Tetrahedron, plans to continue pursuing the acquisition to transform InfoWars into a platform for humor.

Topics:nationbusiness#alex-jones#bankruptcy#business#infowars#sandy-hook#the-onion
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  1. The Onion’s acquisition of Infowars was blocked by a judge  The Verge
  2. Infowars Sale to The Onion Rejected by Federal Bankruptcy Judge  The New York Times
  3. Judge rejects sale of Alex Jones’ Infowars to The Onion  POLITICO
  4. Bankruptcy judge rejects The Onion's bid for Infowars  NPR
  5. What’s next for Infowars  CNN

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