A federal bankruptcy judge has rejected The This Isn't the Twilight Saga: Breaking Dawn 2 XXX ParodyOnion’s unexpected effort to acquire the conspiracy-laden media outlet InfoWars from its founder, Alex Jones. The judge cited concerns that the satirical news site's winning bid drastically undervalued the property.
SEE ALSO: Yes, The Onion really bought Alex Jones' InfoWarsThe Onion, owned by media conglomerate Global Tetrahedron, snagged auction rights to InfoWars last month with a sealed bid totaling roughly $1.7 million in cash and an additional noncash component that brought the offer closer to $7 million. That figure still fell short of a competing $3.5 million bid from Jones’ associates at First United American Companies, which helps market the supplements frequently advertised on InfoWars.
However, after reviewing the numbers, U.S. Bankruptcy Judge Christopher Lopez said even the higher offer might not have been enough. In a ruling that tossed out The Onion’s attempt to finalize the deal, Lopez made it clear that InfoWars could command a bigger payout.
"I don’t think it’s enough money," Lopez said in his ruling. "I’m not going to approve the sale… I think you’ve got to go out and try to get every dollar. I think that the process fell down."
In the fallout of a colossal $1.2 billion defamation judgment by families of the Sandy Hook shooting victims, Alex Jones has been forced into bankruptcy, and his signature platform, InfoWars, has landed on the auction block. But following a judge’s decision to reject The Onion’s bid — one initially expected to clinch the deal — Jones might be getting a shot at retaking control.
Ben Collins, the former disinformation reporter now heading Global Tetrahedron, isn't giving up. In a post on X, he vowed to keep chasing InfoWars, declaring that he'll "seek a path towards purchasing InfoWars in the coming weeks."
For now, though, the entire process is stuck in a holding pattern. Lopez handed the keys back to the court-appointed trustee, Christopher Murray, faulting him for mishandling the previous auction. Murray must now figure out a new game plan to sell off InfoWars.
Previous:The Mismeasure of Media
Inside the White House's firstPhotographer explores the public and private personas of your favorite actorsBad news, LEGO prices are going up and people are blaming BrexitTSA's tragic tale of a giant abandoned teddy bear gets a twistStop rating flight attendants on how hot they areFacebook's epic email blunder reveals their stance on Trump's Muslim registryThe 'Westworld' cast didn't know WTF was going on eitherPlug in, tune out: 30 podcasts to get you through the holidaysPhotographer explores the public and private personas of your favorite actorsThailand rejoice, Sriracha sauce is now availableStarbucks just liquified the grossest holiday foodKanye West is proud of his signed Trump 'Time' cover for some reasonTransgender artist bravely chronicles her transition in simple comicsMashReads Podcast: 'Cat's Cradle' is the absurdist book we should all readDonald Trump and Peter Thiel have a secret handshake, I guess'Apocalypse' singer to perform national anthem at Trump inaugurationThese Muslim women are handing out roses in the wake of a targeted attackFlying out of Indian airports won't be an alien experience anymoreThe ultimate guide to the 104 new emoji in iOS 10.2How Airbus wants to completely redesign airplane cabins Pierce Brosnan 'shocked and saddened' by 'deceptive' Indian pan masala ad Intense video shows great white shark getting stuck inside a cage with 4 divers Bob Dylan has now removed even that tiny Nobel reference Couple recreates romantic wedding photo shoot at their local Target This mesmerizing map shows what cyberattacks look like Here's President Obama dancing to Drake's 'Hotline Bling' You're probably not going to like the forecast for this winter How your smart device caused the internet to crash and burn Clinton drops another Trump burn after night of jokes Josh Brown sidelined while Torrey Smith rips NFL for paying him anyway The one thing you need to do to stop your home devices from getting hacked 'Black Mirror' is back, and your nightmares will never be the same Oprah has a strong message for undecided voters Dad's security camera captures young son's overnight couch Genius woman lures neighbors to yard sale with photos of celebrities It's appropriate that the internet actually broke on Kim Kardashian's birthday Samsung will only launch 4G LTE smartphones in India Richard Branson is a little afraid his advice led Trump to run for president 8 marginalized groups still fighting for the freedom to vote in the U.S. Duterte hating on the U.S. has inspired a Spam meme in the Philippines
2.5245s , 8204.8046875 kb
Copyright © 2025 Powered by 【This Isn't the Twilight Saga: Breaking Dawn 2 XXX Parody】,Wisdom Convergence Information Network