Company affiliated with Alex Jones seeks to disqualify The Onion's auction bid on Infowars

  • 📰 ksatnews
  • ⏱ Reading Time:
  • 62 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 42%
  • Publisher: 53%

Technology News

Alex Jones,Business,Christopher Murray

A federal bankruptcy judge in Texas is being asked to disqualify a winning bid made by the satirical news outlet The Onion to buy conspiracy theorist Alex Jones' Infowars.

Murder charge dismissed for suspect arrested in connection fatal shooting of Sonic manager, records showSteele High special education teacher calls for better protections after being seriously injured by student

The bankruptcy auction was held last week as part of the liquidation of Jones’ assets, including Infowars. Proceeds from the sale will go to Sandy Hook families and other creditors.Ben Collins, CEO of The Onion’s parent company, Chicago-based Global Tetrahedron, issued a statement Monday through a spokesperson.

In a response filed in court later Monday, Murray called the allegations “baseless.” He said the motion by First United American to disqualify The Onion was “a disappointed bidder’s improper attempt to influence an otherwise fair and open auction process.” Monday's filing by First United American Companies included the formal bid submitted by The Onion, revealing that it offered $1.75 million for Infowars along with certain incentives by Sandy Hook families who won their defamation lawsuit against Jones. The families agreed to forgo up to 100% of their share of the Infowars sale proceeds and give it to other Jones creditors.

“The creditors ended up significantly better off,” Murray told the judge, adding that one of his responsibilities was to maximize value for creditors. Over the weekend, Collins posted a series of comments about the auction on X, formerly known as Twitter.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 442. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Company affiliated with Alex Jones seeks to disqualify The Onion's auction bid on InfowarsA federal bankruptcy judge in Texas is being asked to disqualify a winning bid made by the satirical news outlet The Onion to buy conspiracy theorist Alex Jones' Infowars.
Source: wjxt4 - 🏆 246. / 63 Read more »

Alex Jones-affiliated company challenges Onion's Infowars deal: 'Collusive bid rigging'First American United Companies asked the bankruptcy judge to disqualify the bid by the Onion and name its own $3.5-million bid as the winner.
Source: nypost - 🏆 91. / 67 Read more »