Satirical news site The Onion has won the bidding for Alex Jones’ Infowars franchise at a bankruptcy auction.
The sale price was not disclosed when The Onion’s CEO Ben Collins announced the acquisition on Thursday. He said the deal has the support of families of victims of the 2012 mass shooting at Sandy Hook Elementary School in Newtown, Connecticut.
Jones owes more than $1 billion in defamation judgments to the Sandy Hook families for making defamatory claims about the Sandy Hook shooting—the deadliest school shooting in U.S. history, in which 26 people were killed.
In September, a Texas judge ruled that the broadcaster’s assets—including the Infowars properties—could be auctioned off to help cover the penalties….