The ruling dashed, at least for now, the plans of The Onion’s parent company to take over Infowars and radically shift its content.

Summary

A bankruptcy judge rejected The Onion’s parent company’s bid for Alex Jones’ Infowars, citing an unfair auction process and inadequate offers to creditors, including Sandy Hook families owed $1.2 billion.

The Onion had planned to transform Infowars’ content into satire and partnered with Sandy Hook families to waive their claim to proceeds, valuing the bid at $7 million.

However, a rival $3.5 million cash bid tied to Jones was deemed more straightforward.

The judge left it to the trustee to decide if a new auction is needed to maximize returns.