InfoWars Acquired Out of Bankruptcy

[Wrestleknownothing]

https://theonion.com/heres-why-i-decided-to-buy-infowars/

"With a shrewd mix of delusional paranoia and dubious anti-aging nutrition hacks, they strive to make life both scarier and longer for everyone, a commendable goal."

Though the bankruptcy court has put a hold on the sale pending a hearing about why Alex Jones was too dumb to buy it himself.

[Caveira]

The left may actually like/laugh at this one making fun of that weird dude from info wars….

https://www.tiktok.com/t/ZTY8sFGF3/

[Tripnsweep]

None of the money goes to Alex Jones which is a very good thing. 

[Offthemat]

Infowars is back online.  https://www.infowars.com

[Wrestleknownothing]

The judge wiped out the results of the auction (neither bidder gets it) for odd reasons. The reasons are odd because they fly in the face of established bankruptcy practice and precedence.

Anyway, it looks like there will be another auction. And it seems like it will still be almost impossible for Jones to win.

The reason The Onion bid was superior is because it was supported by the families that Jones owes $1.3 billion to for lying about the deaths of their loved ones (for profit, no less, so scummy, irredeemable scummy). Their support takes the form of agreeing to cancel a small amount of their debt if The Onion buys Infowars such that some money goes to other creditors.

Unless Jones can bid more than the $1.3 billion they are owed so that those other creditors also get something, he just cannot compete. He bid $3.5 million in the original auction.