Nightwingdragon@lemmy.world to politics @lemmy.worldEnglish · 5 days 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 · 5 days agomessage-square18fedilink
minus-squaretoiletobserver@lemmy.worldlinkfedilinkarrow-up9arrow-down3·5 days agoIf no one bid higher, that IS the market value of the asset
minus-squarenocturne@sopuli.xyzlinkfedilinkarrow-up13·5 days 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-down1·5 days 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…