Judge pauses the Onion’s takeover of Infowars over auction concerns - News Summed Up

Judge pauses the Onion’s takeover of Infowars over auction concerns


correction A previous version of this story incorrectly stated that the Onion bid $3.5 million for Infowars. A federal bankruptcy judge has paused the Onion’s acquisition of Alex Jones’s Infowars pending a court review of the auction process, after lawyers for Jones and the company affiliated with him complained about how the auction was conducted and how their $3.5 million bid was handled. The Onion, which planned to relaunch the conspiracy-minded Infowars as a parody website, was named the winner of the bankruptcy auction held in Houston on Thursday. A group of Sandy Hook families who filed the defamation lawsuit against Jones agreed to accept a smaller payout to increase the overall value of the Onion’s bid, according to the families’ lawyers. “No one should feel comfortable with the results of this auction.”During his Infowars show Thursday, Jones called the sealed bidding process “rigged.”


Source: Washington Post November 16, 2024 20:38 UTC



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