The Onion, a Chicago-based liberal satirical publication recently acquired by a longtime Democratic Party
donor Jeff Lawsonattempted to acquire the assets of Alex Jones' Infowars empire in a court-ordered bankruptcy auction last month. Gun-snatching activists and others on the left celebrated the news that Onion had been auctioned off to the apparently second-best bid. ben collinsThe CEO of Onion's parent company, Global Tetrahedron, promised to turn the platform into a “cosmic joke.”
Collins' punitive plan was undermined by the Houston bankruptcy judge involved in the case, District Judge Christopher Lopez, who suspended the purchase and said, “No one should be satisfied with the outcome of this auction.'' “No,” he reportedly said.
After weeks of uncertainty over the fate of the sale, Lopez rejected Onion's bid Tuesday night, finding the auction process unfair and noting that funds were left on the table. did.
Mr. Lopez also said that Christopher Murray, the court-appointed trustee liquidating Mr. Jones' estate, would not be able to conduct a transparent auction process or that any conflicts related to Jones First United American Companies. It also said it failed to provide bidders with an opportunity to improve their bids.
reported NBC News.
“It was clearly, and must be, the subject of conspiratorial negotiations and agreements.”
“I think you need to go out and try to get every dollar,” the judge said. I think the process has crashed.
According to According to the Washington Post, FUAC's $3.5 million bid was nearly double the Onion's alleged cash bid. FUAC, an entity associated with Jones' supplement business, argued in court that the company's higher bid should have taken precedence and that Murray improperly selected Onion's bid.
FUAC and Jones Lawyers
caused concern Regarding fraud and collusion, they questioned how auctioneer Jeff Tannenbaum valued The Onion's $1.75 million in cash and incentive bids at $7 million, and why the live-action movie was so expensive.
They also complained of a significant lack of transparency, e.g., that “joint bids, split bids, variable amounts, or other forms of non-final ‘best and highest’ bid structures are not considered.” There was never any announcement that it was inside.” It was a story between the trustee and the defendant, and it was, and must have been, the subject of clearly conspiratorial negotiations and agreements. ”
Mr. Jones raised some of these concerns with Blaze Media's co-founder. glenn beck Last month, it claimed that Infowars' initial sale was “totally illegal.”
lopez
reportedly “I don't think anyone was acting in bad faith here. I think everyone was trying to buy an asset, do their best and play by the rules,” he said in making the decision.
“It's like being put in water and finally getting some air.”
“From the moment I decided to make the bid outright, it seemed almost doomed,” Lopez said, according to a New York Times report. “No one knows what other people are bidding on.”
According to According to Bloomberg, the decision means Jones may continue to manage the platform.
In a statement Collins shared on X, the Onion, which previously mocked Corey Comperatore's death,
noticed“While we are extremely disappointed in today's decision, The Onion will continue to seek solutions to ensure that the Sandy Hook families receive a positive outcome for the horror they endured. We will continue to work with them in the coming weeks. We will continue to explore ways to acquire InfoWars.” ”
“This decision means that Alex Jones will soon begin paying his debts to these families and continue to do so,” Chris Mattei, an attorney for the families who supported the Onion's bid, said in a statement obtained by the Post. “It doesn't change the fact that you're going to start paying it back.” Keep doing it for as long as you need. ”
Jones rushed to broadcast the news on a platform that was out of Collins' reach.
states“Ultimately, the judge followed the law in a court debacle and ruled in favor of Infowars.”
“It's like being put in water and finally getting some air,” Jones added.
“They are trying to destroy us and destroy free speech.”
Mr. Jones also suggested that the coalition involved in the Onion bid was complicit in rigging the bid and had reason to face legal action and possibly a Justice Department investigation.
“Now, the judge told them 27 days ago that it turns out that the group behind Bloomberg's Everytown is the Onions, which is their front group, and they don't own it.” , I said, 'Stop saying that.' They didn't stop,” Jones said. “And I'm not a litigious person, but they're trying to destroy us and destroy free speech, so you know what's going to happen to them and Michael Bloomberg and Mr. Baby Feet. It should be.”
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