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A comment on Judge Refuses to Allow Sale of Infowars to The Onion. Parent comment

Re:Judge Refuses to Allow Sale of Infowars to The Onion by pclmulqdq on Wednesday December 11, 2024 @09:56AM (#42388338)
"Cash to minority creditors" doesn't matter. "Cash to the estate" is all that matters. The Onion's offer carried $1.75 million in cash to the creditors. Alex Jones's vitamin company offered $3.5 million in cash.
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Re:Judge Refuses to Allow Sale of Infowars to The Onion by ReflectedImage on Wednesday December 11, 2024 @06:32PM (#42394299)
The Onion bid was legally the correct bid to accept. It's got nothing to do with the cash amount, totally irrelevant.
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Re:Judge Refuses to Allow Sale of Infowars to The Onion by Retric on Wednesday December 11, 2024 @08:40PM (#42395240)
Onions offer was 1.75 million in cash and one party forgiving the estate enough money for the minority creditors to be better off. Which mathematically requires the offer to be worth more than 3.5 million in cash to his estate.
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