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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    7 months 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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    7 months ago

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

  • als@lemmy.blahaj.zone
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    7 months 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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      7 months 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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    7 months ago

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

  • givesomefucks@lemmy.world
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    7 months ago

    Obviously bullshit…

    They made the highest bid, no one else bid higher.

    The judge said they should have tried to get Alex Jones to make an even higher offer…

    And since they didn’t, it somehow means Alex Jones owns it still and is already broadcasting?

    The US legal system is a fucking joke.