The Onion to buy Infowars

The acquisition is part of the ongoing liquidation of Jones' assets following a $1 billion defamation judgment against him.

The Onion's bid is supported by the families of the Sandy Hook shooting victims, who have fought for years to hold Jones accountable for his conspiracy theories.

CEO Ben Collins revealed that the company has already hired a team of comedians to run the rebranded platform.

A Texas judge is expected to weigh in on the final approval of the deal later this week, marking a potentially ironic end to Jones' media empire.