Nightwingdragon@lemmy.world to politics @lemmy.worldEnglish · 3 months agoInfowars sale to The Onion to be reviewed by judge.www.newsweek.comexternal-linkmessage-square18fedilinkarrow-up1153arrow-down14
arrow-up1149arrow-down1external-linkInfowars sale to The Onion to be reviewed by judge.www.newsweek.comNightwingdragon@lemmy.world to politics @lemmy.worldEnglish · 3 months agomessage-square18fedilink
minus-squaretoiletobserver@lemmy.worldlinkfedilinkarrow-up9arrow-down3·3 months agoIf no one bid higher, that IS the market value of the asset
minus-squarenocturne@sopuli.xyzlinkfedilinkarrow-up13·3 months agoThere were two bidders total. The other party bid more cash. But the onion had backing of the parents who put up some of the debt Jones owed, bringing the onion’s total bid, cash plus debt relief as greater total.
minus-squarethe_tab_key@lemmy.worldlinkfedilinkarrow-up4arrow-down1·3 months agoThe problem is that someonedid outbid the Onion…
If no one bid higher, that IS the market value of the asset
There were two bidders total. The other party bid more cash. But the onion had backing of the parents who put up some of the debt Jones owed, bringing the onion’s total bid, cash plus debt relief as greater total.
The problem is that someonedid outbid the Onion…