The Onion told the NY Times that the bid was sanctioned by the families of the victims of the mass shooting at Sandy Hook Elementary School, who won a $1.4 billion defamation lawsuit against Jones.
The Onion did not disclose the price it paid for Infowars and its assets, including Jones' production studio and supplement business.
Ben Collins, CEO of The Onion parent company, Global Tetrahedron, says he plans to relaunch Infowars in January as a parody of itself, mocking "weird internet personalities."