Summary

A federal judge has delayed approving the sale of Alex Jones’ media company, Infowars, to The Onion, amid disputes over the auction process.

The Onion won with a $1.75 million bid supported by Sandy Hook families, who agreed to forego their share of sale proceeds for future revenue from a revamped Infowars, enabling other creditors to collect more.

However, a competing bidder backed by Jones, First United American Companies, contested the sale, claiming its $3.5 million bid was unfairly rejected.

The judge plans an evidentiary hearing to ensure transparency.

    • @Shotgun_Alice
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      91 month ago

      This made me nauseous only because I can actually see it happening.

    • @[email protected]
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      fedilink
      11 month ago

      And, like twitter, promptly destroy the site.

      Musk is shit at social media and I can’t see him and Jones getting along long enough to make this purchase profitable.

    • @Doomsider
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      11 month ago

      This is Muskrat we are talking about. He would clearly call it Infosecs.