A bankruptcy judge has rejected the sale of Alex Jones‘ Infowars media empire to the satirical news outlet The Onion over concerns about the bidding process.
A bankruptcy judge has rejected the sale of Alex Jones‘ Infowars media empire to the satirical news outlet The Onion over concerns about the bidding process.
On Tuesday, Judge Christopher Lopez ruled that the bankruptcy auction had not resulted in the best possible bids, but rejected Jones‘ claim that the process had been plagued by „collusion.“
Lopez said the court-appointed bankruptcy trustee who ran the auction made „a good-faith error“ by quickly asking for final offers, instead of encouraging more back-and-forth bidding between The Onion and competitor First American United Companies. The Onion emerged as the winner of the auction on November 14.
„This should have been opened back up, and it should have been opened back up for everybody“, Lopez said, according to Reuters.
