【"Some Girls" eroticized】
A federal bankruptcy judge has rejected The "Some Girls" eroticizedOnion’s unexpected effort to acquire the conspiracy-laden media outlet InfoWars from its founder, Alex Jones. The judge cited concerns that the satirical news site's winning bid drastically undervalued the property.
SEE ALSO: Yes, The Onion really bought Alex Jones' InfoWarsThe Onion, owned by media conglomerate Global Tetrahedron, snagged auction rights to InfoWars last month with a sealed bid totaling roughly $1.7 million in cash and an additional noncash component that brought the offer closer to $7 million. That figure still fell short of a competing $3.5 million bid from Jones’ associates at First United American Companies, which helps market the supplements frequently advertised on InfoWars.
However, after reviewing the numbers, U.S. Bankruptcy Judge Christopher Lopez said even the higher offer might not have been enough. In a ruling that tossed out The Onion’s attempt to finalize the deal, Lopez made it clear that InfoWars could command a bigger payout.
You May Also Like
"I don’t think it’s enough money," Lopez said in his ruling. "I’m not going to approve the sale… I think you’ve got to go out and try to get every dollar. I think that the process fell down."
In the fallout of a colossal $1.2 billion defamation judgment by families of the Sandy Hook shooting victims, Alex Jones has been forced into bankruptcy, and his signature platform, InfoWars, has landed on the auction block. But following a judge’s decision to reject The Onion’s bid — one initially expected to clinch the deal — Jones might be getting a shot at retaking control.
Ben Collins, the former disinformation reporter now heading Global Tetrahedron, isn't giving up. In a post on X, he vowed to keep chasing InfoWars, declaring that he'll "seek a path towards purchasing InfoWars in the coming weeks."
For now, though, the entire process is stuck in a holding pattern. Lopez handed the keys back to the court-appointed trustee, Christopher Murray, faulting him for mishandling the previous auction. Murray must now figure out a new game plan to sell off InfoWars.
Search
Categories
Latest Posts
Ms. Frizzle spotted at Science Marches across the globe
2025-06-27 08:28U.S. Senate advises against using Zoom for video conferencing
2025-06-27 08:20Popular Posts
This weird optical illusion will make you look twice
2025-06-27 08:21U.S. Senate advises against using Zoom for video conferencing
2025-06-27 08:20Five Free VPN Services You Should Check Out
2025-06-27 06:39Featured Posts
Eric Wei's essentials for creating podcasts and running a business
2025-06-27 08:49Best streaming services with live TV for cord
2025-06-27 08:13Taiwan tells government agencies to stop using Zoom
2025-06-27 08:11Wordle today: The answer and hints for January 28, 2025
2025-06-27 07:28Popular Articles
Building a 4K Ultra HD Gaming PC
2025-06-27 09:02Hero rescues cat from river in dramatic CCTV footage
2025-06-27 08:18Newsletter
Subscribe to our newsletter for the latest updates.
Comments (8238)
Wisdom Convergence Information Network
Elon Musk told Donald Trump what to do about the Paris Climate Agreement
2025-06-27 08:18Creation Information Network
Dr. Fauci knows which actor he wants to play him on 'Saturday Night Live'
2025-06-27 08:01Dynamic Information Network
How to set up HDR on your TV
2025-06-27 06:53Focus Information Network
Quibi's 'When the Streetlights Go On' is bite
2025-06-27 06:48Style Information Network
Shop iPad deals during Best Buy's Apple savings event
2025-06-27 06:37