Infowars Sale to The Onion Rejected by Federal Bankruptcy Judge
www.nytimes.com
The Onion’s bid for the conspiracy website was supported by the families of victims of the Sandy Hook shooting and a nonprofit focused on ending gun violence.

“It seemed doomed almost from the moment they decided to go to a sealed bid,” Judge Lopez said. “Nobody knows what anybody else is bidding,” he added.

  • realcaseyrollins@thelemmy.clubEnglish
    2·
    11 hours ago

    Yeah, secret bids aren’t normally accepted in auctions. You’re generally supposed to know how much people are bidding so that you can bid above them, and I don’t think you’re supposed to include assets you don’t yet have control over as part of your bid either.

    These rules not being followed is why the judge was initially so mad in the first place.