The ruling dashed, at least for now, the plans of The Onion’s parent company to take over Infowars and radically shift its content.
  • sensiblepuffin@lemmy.world
    13·
    13 hours ago

    Wait a second. A judge blocked the Onion from buying the site at auction because… he thinks it should have sold for more? My brother in Christ, do you understand what an auction is?!

    • Mirshe@lemmy.world
      7·
      13 hours ago

      Specifically, he thought the trustee should have allowed the other LLC (which is totally not affiliated with him yet only exists to shelter his supplement business) more time to counteroffer.

      • sensiblepuffin@lemmy.world
        5·
        10 hours ago

        But that makes no sense. It’s an auction. There’s a time limit. It’s not an acquisition. You’re being forced to sell something.

          • sensiblepuffin@lemmy.world
            1·
            8 hours ago

            Why does that make no sense? He has debts to pay, can’t cover them, and so his assets are sold at auction to pay them off. Same thing happens to people every day via civil forfeiture.

  • TheDrink [he/him]@hexbear.netEnglish
    43·
    22 hours ago

    This is pretty clearly interference from the judge. The guy who ran the bankruptcy auction has a ton of experience with this stuff and there is no reason to think he wasn’t impartial or that he didn’t get the best price for everything. Jones’ lawyers are just kicking the can down the road and delaying for as long as they can.

    • Ænima@lemm.ee
      6·
      15 hours ago

      Only boomers and Gen-x believed it. The rest of us grew up with the Internet and an ever-increasing feeling of betrayal.

      • onwardknave
        1·
        6 hours ago

        Please don’t lump Gen-Xers in with boomers. Why do you think Gen-X got its name? Disillusionment, detachment, loss of identity and purpose. Gen-X didn’t know what was wrong, but they knew enough to know they were left out. Even boomers aren’t to blame – they just have more people in the ownership class right now. If we divide along age and generational lines, the capitalists benefit.

  • Jimmycrackcrack
    24·
    21 hours ago

    I thought they’d already bought it, I didn’t know it was still in question. What a bummer. This was going to be hilarious.

    • Alteon@lemmy.world
      9·
      15 hours ago

      At least we now know why Musk was upset. He intended to buy it and hand it right back to Alex Jones. Can’t have the “alt-right” media sphere disappearing.

  • NuraShiny [any]@hexbear.netEnglish
    6·
    16 hours ago

    Does the judge think that shitpile is gonna be worth much now? Like, unless they can force Alex to appear there and do skits, it’s just a fucking website without it’s, for lack of a better word, talent.

    Keep at it, Onion, the funny outcome was just delayed, not averted!

  • BRINGit34@lemmygrad.mlEnglish
    2·
    12 hours ago

    Who would even want to buy it now? Clearly this is in such a legal fuckstorm no one with certainty can buy it.

    Feels like alex fucked himself out of a sale