Judge Rejects The Onion’s Acquisition Of Alex Jones’ Infowars In Bankruptcy Auction

Reading now: 381

A bankruptcy judge rejected The Onion‘s planned acquisition of Alex Jones‘ Infowars via a bankruptcy auction. In a ruling issued late Tuesday, U.S.

Bankruptcy Judge Christopher Lopez faulted the auction process, per the AP. Last month, The Onion won the bidding for Infowars, which has been forced to sell its assets after a $1.4 billion defamation judgment in favor of the families of the victims of the Sandy Hook shooting massacre.

The satirical news site planned to relaunch Infowars in January, with Everytown for Gun Safety working with them as advertising partner. “We are deeply disappointed in today’s decision, but The Onion will continue to seek a resolution that helps the Sandy Hook families receive a positive outcome from the horror they endured,” Ben Collins, the CEO of The Onion, said in a statement.

He said that they would “continue to seek a path towards purchasing Infowars in the coming weeks.” Jones’ Infowars has made tens of millions from spreading conspiracy theories.

Read more on deadline.com
The website celebsbar.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA