Who will acquire Infowars assets by end of 2025?
The Onion • 25%
First United American Companies • 25%
Alex Jones retains ownership • 25%
Other bidder • 25%
Official announcements from the bankruptcy court or involved parties
Judge Blocks The Onion's Bid to Buy Infowars, Citing Flawed Auction Process
Dec 11, 2024, 03:20 PM
A federal bankruptcy judge in Texas has rejected The Onion's bid to purchase Alex Jones' Infowars, citing a lack of transparency and fairness in the bankruptcy auction process held in mid-November. The judge criticized the bidding for the conspiracy theory platform as flawed and noted that the amount of money families of the 2012 Sandy Hook Elementary shooting stood to receive was insufficient. The Onion, a satirical news outlet, had planned to remove Alex Jones from the platform's studios and relaunch Infowars in January as a parody. The ruling allows Jones to continue operating his far-right media business for now, while the process of selling his assets continues. The other bidder, First United American Companies, had raised concerns about the auction process, alleging illegal collusion.
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The Onion • 25%
Alex Jones • 25%
Another media company • 25%
Other entity • 25%
Alex Jones or related entities • 25%
Other • 25%
Sandy Hook families or related entities • 25%
The Onion • 25%
The Onion or Global Tetrahedron • 25%
Alex Jones • 25%
Other • 25%
Another media company • 25%
Transferred to creditors • 25%
Sold to new owner • 25%
Remains with Alex Jones • 25%
Other outcome • 25%
Media company • 25%
Other entity • 25%
Private investor • 25%
The Onion • 25%
Other outcome • 25%
Alex Jones retains ownership • 25%
Auction is redone • 25%
The Onion wins appeal • 25%
New auction ordered • 25%
No sale approved • 25%
Sale to The Onion approved • 25%
Sale to another party approved • 25%
Other • 25%
Successful restructuring • 25%
Sale to a new owner • 25%
Liquidation • 25%
Judge rules in favor of Jones • 25%
Settled out of court • 25%
Judge rules against Jones • 25%
Ongoing litigation • 25%
Rebranded • 25%
Maintains current structure • 25%
Ceased operations • 25%
Major restructuring • 25%