Re:Judge Refuses to Allow Sale of Infowars to The Onion
by Retric on Thursday December 12, 2024 @02:08PM
(#42402244)
The article mentions Alex Jones was objecting to the transfer rather than creditors. Having a new round of bidding, especially with increased publicity is a reasonable thing to do.
I’m simply agreeing with independent 3rd parties who state that The Onion’s bid was larger and better for the creditors. Alex Jones clearly doesn’t want his life’s worked turned into such an obvious mockery, but while he’d love to sell these business to his parents for 1 dollar but the courts are acting to maximize the transaction’s value. Thus he can only object in terms of monetary value not his personal preferences.
I’m simply agreeing with independent 3rd parties who state that The Onion’s bid was larger and better for the creditors. Alex Jones clearly doesn’t want his life’s worked turned into such an obvious mockery, but while he’d love to sell these business to his parents for 1 dollar but the courts are acting to maximize the transaction’s value. Thus he can only object in terms of monetary value not his personal preferences.