A bankruptcy judge on Tuesday rejected a bid by The Onion’s parent company to buy Alex Jones’ far-right media empire, including the website Infowars, ruling that the auction process was unfair.

U.S. Bankruptcy Judge Christopher Lopez said after a two-day hearing that The Onion’s parent company, Global Tetrahedron, had not submitted the best bid and was wrongly named the winner of an auction last month by a court-appointed trustee.

“I don’t think it’s enough money,” Lopez said in a late-night ruling from the bench in a Houston court. “I’m going to not approve the sale.”

  • NutWrench@lemmy.ml
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    15 days ago

    “I don’t think it’s enough money,” Lopez said in a late-night ruling from the bench in a Houston court. “I’m going to not approve the sale.”

    Who gives a shit if “you don’t think it’s enough money.” An offer was made by The Onion and accepted by the seller. What YOU want has fark-all to do with anything.

  • Susaga@sh.itjust.works
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    15 days ago

    This is the most upsetting, and most literal, instance of “not the onion”

  • als@lemmy.blahaj.zone
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    15 days ago

    If they put the biggest bid in then surely it’s enough money? How come some random guy gets to decide not 🥴the free market🥴

    • ignirtoq@fedia.io
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      15 days ago

      They didn’t put in the biggest bid. They put in a bid that was a smaller amount of cash bundled with a waiver from the Sandyhook families that were to get a damages payout that they forgo their damages claim.

      The third party evaluating the bids decided this was a better deal for Infowars’ creditors, as that meant more of the bankruptcy money would be going to them, so that’s why it was chosen.

  • intensely_human@lemm.ee
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    13 days ago

    Interesting that there’s a whole community for questions that can be answered with “Not The Onion”