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I don't have an image - yet - but THIS is deliciously hilarious

www.nbcnews.com

The Onion wins Alex Jones' Infowars in bankruptcy auction

The satirical news company plans to shutter Jones’ Infowars and rebuild the website featuring well-known internet humor writers and content creators, according to a person with knowledge of the sale.
www.nbcnews.com www.nbcnews.com
 
cecilia said:
I don't have an image - yet - but THIS is deliciously hilarious

www.nbcnews.com

The Onion wins Alex Jones' Infowars in bankruptcy auction

The satirical news company plans to shutter Jones’ Infowars and rebuild the website featuring well-known internet humor writers and content creators, according to a person with knowledge of the sale.
www.nbcnews.com www.nbcnews.com
Click to expand...
That could easily have gone in Bizarro news. Seems almost poetic. :D
On the other hand, how much did they pay for that massive bucket of steaming, stinking shite?
 
Robert said:
That could easily have gone in Bizarro news. Seems almost poetic. :D
On the other hand, how much did they pay for that massive bucket of steaming, stinking shite?
Click to expand...
I have no idea but the affected families are happy and that's what counts. After years of torture they deserve a bit of justice
 
Robert said:
That could easily have gone in Bizarro news. Seems almost poetic. :D
On the other hand, how much did they pay for that massive bucket of steaming, stinking shite?
Click to expand...

Judge Halts the Onion’s Infowars Takeover to Review Bankruptcy Auction Process​

The bankruptcy judge overseeing the Chapter 7 liquidation of Infowars and Jones’ assets on Thursday temporarily halted the transfer of Infowars to the Onion and ordered an evidentiary hearing to review the auction — in which bids were submitted secretly. “No one should feel comfortable with the results of this auction,” Judge Christopher Lopez of the U.S. Bankruptcy Court for the Southern District of Texas said at an emergency status conference, according to an audio recording of the hearing shared by the court in the docket Friday. The hearing has been set for Nov. 25.

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The Onion’s winning bid for Infowars was backed by the Connecticut families, which “agreed to forgo a portion of their recovery to increase the overall value of the Onion’s bid,” according to lawyers for the families.

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At the status conference Thursday afternoon in Houston, lawyers for Jones and the only other bidder in the Infowars auction — First United American Companies, which operates the ShopAlexJones.com website — complained about the secrecy of the process, in which bids for a “best-and-final offer” were sealed. The terms of the Onion’s winning bid have not been disclosed. The trustee who oversaw the auction, Christopher Murray, told the court that the Onion did not have a higher cash bid than First United (which bid $3.5 million).

But, according to Murray, the Onion’s deal was picked as the superior offer because the Connecticut families agreed to forgo much of money Jones’ owes them in order to pay other creditors. With the bid from the Onion and Connecticut families, “the creditors ended up significantly better off, and that’s why I chose to do, select that as a winning bidder,” Murray said. He called the families’ agreement to waive their monetary claims as a “gift” to the other Infowars creditors: “I’ve never seen this before in any other case.”

Judge Lopez said he was not aware of the sealed-bid format the trustee implemented nor did he know specifically what assets in the case were being sold. He expressed concern about the way bids were submitted and reviewed by the trustee, and noted that First United (which the trustee designated as the “backup bidder”) didn’t know what the Onion and the Connecticut families had bid. “We’re holding an evidentiary hearing, and I’m going to figure out exactly what happened,” the judge said. Later, he said, “My concern is the lack of transparency in the process.”
 
redrumloa said:

Judge Halts the Onion’s Infowars Takeover to Review Bankruptcy Auction Process​

The bankruptcy judge overseeing the Chapter 7 liquidation of Infowars and Jones’ assets on Thursday temporarily halted the transfer of Infowars to the Onion and ordered an evidentiary hearing to review the auction — in which bids were submitted secretly. “No one should feel comfortable with the results of this auction,” Judge Christopher Lopez of the U.S. Bankruptcy Court for the Southern District of Texas said at an emergency status conference, according to an audio recording of the hearing shared by the court in the docket Friday. The hearing has been set for Nov. 25.

---

The Onion’s winning bid for Infowars was backed by the Connecticut families, which “agreed to forgo a portion of their recovery to increase the overall value of the Onion’s bid,” according to lawyers for the families.

---

At the status conference Thursday afternoon in Houston, lawyers for Jones and the only other bidder in the Infowars auction — First United American Companies, which operates the ShopAlexJones.com website — complained about the secrecy of the process, in which bids for a “best-and-final offer” were sealed. The terms of the Onion’s winning bid have not been disclosed. The trustee who oversaw the auction, Christopher Murray, told the court that the Onion did not have a higher cash bid than First United (which bid $3.5 million).

But, according to Murray, the Onion’s deal was picked as the superior offer because the Connecticut families agreed to forgo much of money Jones’ owes them in order to pay other creditors. With the bid from the Onion and Connecticut families, “the creditors ended up significantly better off, and that’s why I chose to do, select that as a winning bidder,” Murray said. He called the families’ agreement to waive their monetary claims as a “gift” to the other Infowars creditors: “I’ve never seen this before in any other case.”

Judge Lopez said he was not aware of the sealed-bid format the trustee implemented nor did he know specifically what assets in the case were being sold. He expressed concern about the way bids were submitted and reviewed by the trustee, and noted that First United (which the trustee designated as the “backup bidder”) didn’t know what the Onion and the Connecticut families had bid. “We’re holding an evidentiary hearing, and I’m going to figure out exactly what happened,” the judge said. Later, he said, “My concern is the lack of transparency in the process.”
Click to expand...
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