Bankruptcy judge denies The Onion’s attempt to purchase Alex Jones’ Infowars

A bankruptcy judge rejected a bid by The Onion’s parent company to buy Alex Jones’ far-right media empire, including Infowars, ruling the auction process was unfair. The judge stated The Onion’s parent company had not submitted the best bid and was wrongly named the winner. The judge left the decision of what to do next in the hands of the trustee, who oversaw the auction. The ruling dashed Global Tetrahedron’s plans to take over Infowars and shift its content to satirical humor. Jones can continue operating his business. Global Tetrahedron’s bid included cash and a pledge by creditors to forgo proceeds. A rival bidder, associated with Jones, offered more cash. The judge said a different process could have earned more money for creditors. Assets from Jones’ company are being sold due to a debt owed to Sandy Hook families. The trustee defended the auction process, stating he wanted to maximize payout to creditors. The auction consisted of sealed bids, with Murray ultimately determining Global Tetrahedron’s bid as higher. The delay after the auction was costly for The Onion’s parent company. The families of the Sandy Hook victims expressed disappointment at the ruling but remained determined to hold Jones accountable for the harm he caused. The sale of Jones’ assets in bankruptcy is due to his defamation of the Sandy Hook shooting victims.

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