I do not like this. I do not like this at all.
The whole auction was basically a continuation of the war between Alex Jones and the families he defamed, as the only two bidders were someone bidding on Jones’ behalf and the Onion, with the backing of the families. There seems to be concerns over if this is in the best interest of Jones, the desires of the Sandy Hook families seems to be being ignored, and there is a very real possibility that this judge could rule (legally or otherwise) that the Onion’s bid is disqualified and since Jones’ associate is the only other bidder, he wins. Jones essentially keeps Infowars, continues on with business as usual, and probably takes a giant shit on the Sandy Hook families as his victory lap.
“Jones has a right that his assets not be sold unreasonably as a fire sale or for an illegitimate purpose, but that the process allows the opportunity for bona fide and fair bidding,” Lovell told Newsweek.
“If The Onion’s intent is to make a joke of all this and purposefully seek to ruin the asset at the expense of Jones receiving a more fair and reasonable bid, this would be grounds to disallow the sale.”
Jones’ assets have never been used for a legitimate purpose.
If no one bid higher, that IS the market value of the asset
The problem is that someonedid outbid the Onion…