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The Onion’s Attempt to Purchase Alex Jones’ Infowars Rejected by Bankruptcy Judge


A bankruptcy judge rejected The Onion’s parent company’s bid to buy Alex Jones’ media empire, ruling that the auction process was unfair. The judge said that The Onion’s bid was not the best and the trustee overseeing the auction did not run a transparent process. This decision allowed Jones to continue operating his far-right media business. The Onion CEO expressed disappointment but stated that they would keep seeking a path towards purchasing InfoWars. The parent company had partnered with Sandy Hook shooting victims in their bid to make anti-violence organization Everytown for Gun Safety the exclusive advertiser for Infowars. The trustee valued the winning bid by Global Tetrahedron at $7 million, consisting of $1.75 million in cash and creditor’s pledge to forgo proceeds. Another bidder associated with Jones offered $3.5 million in cash, arguing that cash should have been the deciding factor. The auction process consisted of sealed bids, with the trustee initially considering a live auction before deciding against it. The judge criticized the trustee for not ensuring transparency and enabling the other bidder to improve their offer. The ruling was seen as a setback for The Onion’s plans to shift Infowars content to satirical humor, although the company remained determined to pursue the purchase in the future.

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