The Onion’s Bid for Alex Jones’ Infowars Rejected by Judge (1)

The Onion lost its bid to acquire the assets of right-wing provocateur Alex Jones’ Infowars platform.

In shutting down the sale, Houston bankruptcy Judge Christopher M. Lopez at a hearing Tuesday said he had concerns that the transparency of the sealed bid auction process didn’t maximize value for all creditors.

“I think it’s clear the trustee left a lot of money on the table,” Lopez said.

The decision makes next steps unclear but means another bidder could acquire the assets. The Onion, in a statement posted by CEO Ben Collins to his social media accounts, said the satirical news site ...