A bankruptcy judge on Tuesday rejected a bid by The Onion’s parent company to buy Alex Jones’ far-right media empire, including the website Infowars, ruling that the auction process was unfair.
U.S. Bankruptcy Judge Christopher Lopez said after a two-day hearing that The Onion’s parent company, Global Tetrahedron, had not submitted the best bid and was wrongly named the winner of an auction last month by a court-appointed trustee.
“I don’t think it’s enough money,” Lopez said in a late-night ruling from the bench in a Houston court. “I’m going to not approve the sale.”
“I don’t think it’s enough money,” Lopez said in a late-night ruling from the bench in a Houston court. “I’m going to not approve the sale.”
Who gives a shit if “you don’t think it’s enough money.” An offer was made by The Onion and accepted by the seller. What YOU want has fark-all to do with anything.
Wouldn’t the sale of the company go directly to what he owes the people? If so I doubt the seller cares what it’s sold for, but the judge may think it’s unfair to settle that low so that the people can get more possibly? I also could be wrong and that’s not were the money goes? Just seemed like that’s what this is for. I doubt they will get much more after things are sold either.
The recipients signed off on the sale.
capitalism my ass
This is the most upsetting, and most literal, instance of “not the onion”
The Onion’s parent company is called “Global Tetrahedron” lmao
If they put the biggest bid in then surely it’s enough money? How come some random guy gets to decide not 🥴the free market🥴
Obviously bullshit…
They made the highest bid, no one else bid higher.
The judge said they should have tried to get Alex Jones to make an even higher offer…
And since they didn’t, it somehow means Alex Jones owns it still and is already broadcasting?
The US legal system is a fucking joke.
You seriously need to at least read the article before you comment like this.
They made the highest bid, no one else bid higher.
That’s not entirely true. If you read the article, that’s just not what it says.
I hope the Onion has the resources to genuinely outbid. Perhaps they could accept crowdfunding donations to reach the amount if necessary?
Here’s Legal Eagle on this particular case, incidentally:
