As the winning bidder, the satirical news site intends to turn Infowars into a parody of itself. But the court overseeing the bankruptcy put a hold on the sale pending a hearing next week.

By Dietrich Knauth and Katie Paul NEW YORK (Reuters) -Like a headline lifted from the Onion, the parody news website is buying conspiracy theorist Alex Jones' Infowars in a bankruptcy auction. The Onion said in a statement on Thursday it aims to replace Infowars' "relentless barrage of disinformation" with the Onion's "noticeably less hateful disinformation.

By DAVE COLLINS The satirical news publication The Onion won the bidding for Alex Jones’ Infowars at a bankruptcy auction, backed by families of Sandy Hook Elementary School shooting victims