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The Onion buys rightwing conspiracy theory site Infowars with plans to make it ‘very funny, very stupid’
(www.theguardian.com)
this post was submitted on 14 Nov 2024
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So....the onion is now donating money to Alex Jones.
Thats kinda fucked.
It's a bankruptcy auction, and he's bankrupt because he was sued by Sandy Hook families. Some of those families gave money to the Onion to buy InfoWars so Alex Jones is losing his platform and his money.
It sucks for him more than it helps him really.
It doesn’t help him at all. As a bankruptcy auction they’re taking what they can get and forgiving the rest. If the auctions had gone over settlement price it would’ve helped him, but that wasn’t going to happen, you don’t really get bankruptcy when you have salable assets whose expected value exceeds your debts.
That's not how bankruptcy filings work
nope