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.
It’s fair that the judge says you can’t take control over an asset before he’s even ruled on whether you can take control over it. The opposite would be kinda silly.
Right? And the onion didn’t even ask to take control of it because the sale isn’t final.
Jones is just throwing a hissy fit about things that aren’t happening yet, and then when they don’t happen yet using that to publicly declare victory. When things actually do happen he’ll call it foul play by … Someone.