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Will First United American Companies acquire Infowars by June 2025?
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Texas•The Onion•Alex Jones•Infowars•Sandy Hook Elementary shooting•Jones•First United American Companies
Resolution / Starting Odds
Yes • 50%
No • 50%
Official announcements from First United American Companies or court records
Story
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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Similar markets
Yes • 50%
No • 50%
Acquired by a media company • 33%
Acquired by a private investor • 33%
Remains unsold • 33%
Sold to new owner • 25%
Remains with Alex Jones • 25%
Transferred to creditors • 25%
Other outcome • 25%
The Onion • 25%
Another media company • 25%
Alex Jones • 25%
Other entity • 25%
The Onion • 25%
Alex Jones or related entities • 25%
Sandy Hook families or related entities • 25%
Other • 25%
Media company • 25%
Private individual • 25%
Investment group • 25%
Other • 25%
Alex Jones • 25%
The Onion or Global Tetrahedron • 25%
Another media company • 25%
Other • 25%
Yes • 50%
No • 50%
Major Media Company • 25%
Private Investor • 25%
Non-Profit Organization • 25%
Other • 25%