After nearly 17 months of legal wrangling, The Onion has reached a deal to acquire Infowars.

The venerable satirical news outlet attempted to buy Infowars, a conspiracy theory media empire, in 2024 as part of the bankruptcy plan of founder Alex Jones, but it ended up in legal limbo.

Jones owes more than $1 billion to families of the 2012 Sandy Hook school shooting victims who sued him for defamation after he repeatedly and falsely claimed it was a staged plot and that their bereaved families were “crisis actors.”

Ben Collins, chief executive at The Onion parent company Global Tetrahedron, said on social media Monday a deal has finally been reached.

The venture will be led by creative director Tim Heidecker, who called it “an honor” and jokingly said they plan to relaunch it in the coming months potentially as “a real estate broker service, or a cryptocurrency exchange market, [or] a place to store pictures ... not sure.”

Collins didn’t elaborate on the terms of the deal. According to The New York Times, Global Tetrahedron won’t own the brand outright but will instead license it from a court-appointed manager of the site.

The deal is pending court approval and could still be appealed by Jones.

The Onion confirmed the news in a separate statement along with a link encouraging people to buy satirical tote bags featuring a mashup of both companies’ logos.

“Finally. It took 17 months and hundreds of hours in courtrooms, but America’s Finest News Source has entered into an agreement to operate America’s Source Of Disinformation For Sovereign Citizens Who Reject The Idea Of Child Support,” The Onion said. “Big things are coming.“

The fictional CEO of Tetrahedron, Bryce P. Tetraeder, elaborated on what “big things” might be in store in a story on The Onion itself.

“The InfoWars of tomorrow will converge into a swirling vortex of content about content, talent acquiring talent, rings of concentric media mergers processing all human artistry into one endlessly digestible slurry,” Tetraeder wrote.

“This will be a dank, sunless place, one where panic and capital feed on each other like twins in the womb of a hulking, unknowable monster—a monster known by many names, but which I like to call modern-day America.”

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