Bankruptcy judge rejects The Onion's bid to buy Alex Jones' Infowars
www.nbcnews.com
The ruling dashed, at least for now, the plans of The Onion’s parent company to take over Infowars and radically shift its content.
    • Alteon@lemmy.world
      11·
      12 days ago

      At least we now know why Musk was upset. He intended to buy it and hand it right back to Alex Jones. Can’t have the “alt-right” media sphere disappearing.

  • sensiblepuffin@lemmy.world
    241·
    12 days ago

    Wait a second. A judge blocked the Onion from buying the site at auction because… he thinks it should have sold for more? My brother in Christ, do you understand what an auction is?!

    • Mirshe@lemmy.world
      14·
      12 days ago

      Specifically, he thought the trustee should have allowed the other LLC (which is totally not affiliated with him yet only exists to shelter his supplement business) more time to counteroffer.

      • sensiblepuffin@lemmy.world
        121·
        12 days ago

        But that makes no sense. It’s an auction. There’s a time limit. It’s not an acquisition. You’re being forced to sell something.

          • sensiblepuffin@lemmy.world
            16·
            10 days ago

            Why does that make no sense? He has debts to pay, can’t cover them, and so his assets are sold at auction to pay them off. Same thing happens to people every day via civil forfeiture.

            Edit: clearly people cannot read. The Onion should have been sold the website for the winning bid that they submitted at an auction. End of story.

            • The Quuuuuill@slrpnk.netEnglish
              7·
              11 days ago

              okay, but he’s trying to buy the thing he says he can’t afford with money he claims he doesn’t have, which is (allegedly) why he he can’t pay the debts he owes. you’re creating a false equivalence. no one gets this treatment. this is magical rich white guy thinking, and the court is going “oh what’s that? you’re rich and white? sure! you take all the time you need to get the money together to buy back your propaganda machine. meanwhile these parents of kids who would have started college this year… um… i guess they can go get fucked. fuckin’ poors”

              • sensiblepuffin@lemmy.world
                13·
                10 days ago

                Holy shit is no one reading the words I’m saying. In no sane universe should Alex Jones get to buy the site back. I’m saying in an auction, the Onion submitted the winning bid and should have gotten the site sold to them.

                • The Quuuuuill@slrpnk.netEnglish
                  4·
                  10 days ago

                  because that’s the opposite of what you said? you were replying to someone saying that by saying what they were saying wasn’t reasonable and this situation the court has created seems fine

  • Jimmycrackcrack@lemmy.ml
    16·
    12 days ago

    I thought they’d already bought it, I didn’t know it was still in question. What a bummer. This was going to be hilarious.