ST Alpha - "I don't get the whole Onion/Alex Jones thing. They bid the most; why can't they buy it? -- nm" (Reading a Post)

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I don't get the whole Onion/Alex Jones thing. They bid the most; why can't they buy it? -- nm

Posted by Beaker 🍺 (aka Anniebecca) Dec 11 '24, 08:58

(No message)

Responses:

The hilarious part of the story is that during the final broadcast, he lied about who bought the site. -- nm - David Dec 11, 10:29
They didn’t though. His shell company bid 3.5mil, they bid 1.5mil but the families liked them better. -- nm - Will Hunting Dec 11, 09:09 4
- The SH families deferred money so that the TX families got more, and apparently there's some ambiguity in who gets how much, which is what the judge - Reagen Dec 11, 10:19
- They would have gotten more from The Onion as they offered some kind of sweetener that would raise it to $7m. The judge said both offers were too low - Krusty Dec 11, 10:03 2
  - The judgment in favor of the families is so huge they can beat any offer just by using their debt to pay it. It would barely make a dent in the - pmb Dec 11, 10:19 1
    - I do hope the families get what's coming to them while also allowing The Onion to take control of everything. -- nm - Krusty Dec 11, 10:27
I thought The Onion got dispensation from the victims' families to acquire InfoWars without being the highest bidder? -- nm - Roger More Dec 11, 09:01 12
- unless there are significant number of other secured creditors, not sure why the Sandy Hook families can't choose to take a haircut - mr mooch Dec 11, 09:04 6
  - BK? -- nm - mud Dec 11, 09:12 5
    - 🎶 Have it your way 🎶 -- nm - JD Dec 11, 10:12
    - bankruptcy -- nm - mr mooch Dec 11, 09:12 3
      - how tf does BK derive from "bankruptcy" Why couldn't you just say bankruptcy?! -- nm - mud Dec 11, 09:14 2
        
        BanKruptcy is much longer to say and type out than BK -- nm - mr mooch Dec 11, 09:34
        
        (now I want a burger, but not Burger King!) -- nm - mud Dec 11, 09:16
- ahh, gotcha (I have no idea, just wish he'd drop dead...) -- nm - Beaker 🍺 Dec 11, 09:01 4
  - Jovian—this should be your birthday wish! -- nm - Trending Dec 11, 09:17
  - NPR says The Onion bid $1.75M, and another company bid $3.5M -- (edited) - Roger More Dec 11, 09:05 2
    - Roger Stone wants a second shot for Elon to fund his bid -- nm - mr mooch Dec 11, 09:10
    - The sticking point appears to be that without the family's money, the bid looks much worse. This is just typical bankruptcy court nonsense. -- nm - David Dec 11, 09:06

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