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Bankruptcy judge rejects The Onion’s bid to buy Alex Jones’ Infowars (www.nbcnews.com)

submitted 1 week ago by [email protected] to c/[email protected]

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[–] sensiblepuffin 22 points 1 week ago* (last edited 1 week ago) (10 children)

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 14 points 1 week ago (9 children)

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 12 points 1 week ago (8 children)

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.

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