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by chippiewill 586 days ago
> They're likely giving up money they were never going to receive anyway.

They're giving up money that a higher bidder would have paid for infowars. Essentially the difference between The Onion's bid, and the bid of whoever else would buy.

1 comments

That is not going to be permitted by the judge or other bidders
They mean this is what _in practice_ they give up. In theory they can give up more, but this is the actual money difference from what they would have gotten otherwise in reality.