The ruling dashed, at least for now, the plans of The Onion’s parent company to take over Infowars and radically shift its content.

A bankruptcy judge on Tuesday rejected a bid by The Onion’s parent company to buy Alex Jones’ far-right media empire, including the website Infowars, ruling that the auction process was unfair.

U.S. Bankruptcy Judge Christopher Lopez said after a two-day hearing that The Onion’s parent company, Global Tetrahedron, had not submitted the best bid and was wrongly named the winner of an auction last month by a court-appointed trustee.

“I don’t think it’s enough money,” Lopez said in a late-night ruling from the bench in a Houston court. “I’m going to not approve the sale.”

  • Carrolade@lemmy.worldEnglish
    44·
    12 days ago

    They made the highest bid, no one else bid higher.

    That’s not entirely true. If you read the article, that’s just not what it says.

    I hope the Onion has the resources to genuinely outbid. Perhaps they could accept crowdfunding donations to reach the amount if necessary?

    Here’s Legal Eagle on this particular case, incidentally:

    https://youtu.be/GmDNz7irGgw