I wondered how the structure worked too. Technically the Sandy Hook Victims can buy Infowars. All the money they bid would just all come right back to themselves anyway. This article calls it a "joint bid".
https://www.bloomberg.com/news/articles/2024-11-14/the-onion...
Meanwhile, Alex Jones is calling a hearing next week to accuse the bid process of being rigged https://x.com/RealAlexJones/status/1857223561754059168