Summary
A federal judge has delayed approving the sale of Alex Jones’ media company, Infowars, to The Onion, amid disputes over the auction process.
The Onion won with a $1.75 million bid supported by Sandy Hook families, who agreed to forego their share of sale proceeds for future revenue from a revamped Infowars, enabling other creditors to collect more.
However, a competing bidder backed by Jones, First United American Companies, contested the sale, claiming its $3.5 million bid was unfairly rejected.
The judge plans an evidentiary hearing to ensure transparency.
You’d think if Jones pulled together 3.5 million to bid indirectly through a shell company for his own bankruptcy they’d just you know… take that money and give it to his creditors then continue with the sale since it’s still not enough…
You’d think
Then he’s got the asset again so it can be auctioned off to get more proceeds to the families.
It’s an infinite money glitch.
That would be extremely funny.