Judge Denies The Onion's Attempt to Acquire Infowars
TL;DR
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.
- Bankruptcy judge rejects The Onion's bid for Infowars NPR
- Bankruptcy judge rejects The Onion’s bid to buy Alex Jones’ Infowars NBC News
- The Onion Can Buy Infowars, Judge Affirms The New York Times
- Trustee over Infowars auction asks court to approve The Onion’s winning bid The Associated Press
- Judge rejects sale of Infowars to satirical news site the Onion The Washington Post
Want the full story? Read the original reporting
Read on NPR