A company linked to conspiracy theorist Alex Jones is now offering over $7 million to buy his Infowars platforms, more than double what it proposed when it lost to The Onion satirical news outlet in a bankruptcy auction First United American Companies, which runs a website in Jones’ name that sells nutritional supplements, submitted the new offer despite there being no official request to do so, Joshua Wolfshohl, an attorney for the trustee overseeing Jones' bankruptcy, told a bankruptcy...
The future of Infowars, based in Jones' hometown of Austin, Texas, remains up in the air after the failed auction, and it's still not clear how the sale of its assets will proceed. Wolfshohl said the trustee, Christopher Murray, will evaluate the new offers and decide what to do next. in December, saying the bidding process was flawed, not transparent and didn't raise enough money for creditors. He also said there was too much confusion about The Onion's bid and its actual value. The Onion and First United American were the only two bidders.
First United American bid $3.5 million in cash and was expected to let Jones stay at Infowars. Despite the lower cash offer by The Onion, the trustee chose it as the auction winner, saying its offer would result in more money for creditors.
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Company linked to Alex Jones doubles offer to buy Infowars after failed bankruptcy auctionA company linked to conspiracy theorist Alex Jones is now offering over $7 million to buy his Infowars platforms as part of Jones' bankruptcy.
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Infowars Company Linked to Alex Jones Offers $7 Million in Bankruptcy AuctionFirst United American Companies, a company connected to conspiracy theorist Alex Jones, has submitted a new bid of over $7 million to purchase Infowars, the online platform Jones used to spread misinformation, including his baseless claims about the Sandy Hook Elementary School shooting. This offer surpasses the previous bid of $3.5 million and comes after a failed auction where The Onion, a satirical news outlet, was initially chosen as the winning bidder.
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