343

Judge Rejects Sale of Infowars to The Onion (www.nytimes.com)

submitted 1 week ago by Aatube@kbin.melroy.org to c/technology@lemmy.world

66 comments fedilink hide all child comments

“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.

you are viewing a single comment's thread
view the rest of the comments

[-] themeatbridge@lemmy.world 14 points 1 week ago

Sealed bids encourage last and best offers, and prevent the deepest pockets from submitting a "highest plus one" bid that minimizes the proceeds from the sale.

This judge is either a dipshit or corrupt.

this post was submitted on 11 Dec 2024

343 points (97.2% liked)

Technology

59982 readers

2564 users here now

This is a most excellent place for technology news and articles.

Our Rules

Follow the lemmy.world rules.
Only tech related content.
Be excellent to each another!
Mod approved content bots can post up to 10 articles per day.
Threads asking for personal tech support may be deleted.
Politics threads may be removed.
No memes allowed as posts, OK to post as comments.
Only approved bots from the list below, to ask if your bot can be added please contact us.
Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 2 years ago

MODERATORS