Important Takeaways:

• Why it matters: The deal marks an unglamorous end for Jones’ media empire.
• The Onion will relaunch a new version of Infowars with Everytown for Gun Safety, a nonprofit that fights gun violence, as its first sponsor.
  • Terms of the deal were not disclosed.
  • The deal includes Infowars’ website, product inventory, customer lists, social media accounts, and intellectual property.
  • The Onion was acquired by Twilio co-founder Jeff Lawson and former NBC News reporter Ben Collins earlier this year.
• Catch up quick: Jones was ordered to liquidate his assets after he and his company, Free Speech Systems, were ordered to pay almost $1.5 billion in damages for falsely claiming the Sandy Hook mass shooting was a hoax.

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