The Onion Acquires Infowars

The acquisition of Infowars by Global Tetrahedral, the parent company of The Onion, marks a surreal conclusion to Alex Jones's bankruptcy proceedings.

Jones was ordered to pay over $1 billion in defamation damages to families of the 2012 Sandy Hook shooting victims, and the sale of his assets will help fund those payments.

The Onion plans to relaunch the site with a focus on satirizing the very misinformation it once promoted.

Alex Jones has vowed to fight the takeover, urging his remaining audience to fund a legal battle against what he calls 'skinwalkers.'