Summary
A company tied to Alex Jones, First United American Companies, has increased its offer to over $7 million to purchase Infowars, doubling its previous bid after a December bankruptcy auction was voided.
The sale is part of Jones’ bankruptcy following defamation judgments totaling $1.5 billion over false claims about the Sandy Hook shooting.
Proceeds from the sale will mostly benefit Sandy Hook families.
The Onion’s parent company, Global Tetrahedron, is also expected to submit a revised bid.
The court will decide on the next steps in the sale process.
Tied to can have a very loose definition when it comes to making headlines.
That said, I have no doubt that the lawyers and courts have plenty of interest in finding a way to keep the show in his hands somehow.