The Onion’s Acquisition Of Infowars Was Blocked By A Judge

The Onion’s acquisition of InfoWars isn’t happening — astatine slightest for now. In a ruling connected Tuesday, a Texas bankruptcy judge rejected The Onion’s acquisition of nan conspiracy-ridden website founded by Alex Jones, according to a study from The New York Times.

Last month, The Onion announced that it had purchased InfoWars during a bankruptcy auction of Jones’ assets. It had nan support of nan families of nan Sandy Hook Elementary School shooting victims, who successfully sued Jones for overmuch than $1 cardinal for spreading mendacious claims. However, Judge Christopher Lopez halted nan discarded soon aft nan auction.

As reported by The Times, Lopez disagreed pinch nan sealed bidding process utilized to discarded Jones’ assets, saying that nan auction didn’t “maximize” nan magnitude of money Jones’ creditors could’ve gotten from nan discarded of InfoWars. “It seemed doomed almost from nan infinitesimal they decided to spell to a sealed bid,” Judge Lopez said erstwhile handing down his decision, according to The Times. “Nobody knows what anybody different is bidding.”

The Onion bid $7 cardinal to get InfoWars, which included $1.75 cardinal from its genitor institution Global Tetrahedron, while nan remainder would recreation from money Sandy Hook families won from their suit against Jones, The Times reports. Despite this roadblock, Global Tetrahedron still intends to prosecute an acquisition of InfoWars, pinch nan extremity of replacing nan tract pinch “a relentless barrage of joke for good.”

“We are profoundly disappointed successful today’s determination but The Onion will proceed to activity a solution that helps nan Sandy Hook families personification a affirmative consequence for nan scary they endured,” The Onion CEO Ben Collins said successful a position connected Bluesky. “We will too proceed to activity a measurement toward purchasing InfoWars successful nan coming weeks.”