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The Onion Nears Formal Acquisition

WBUR Boston Boston 17d Impact 3
The Onion has reached an agreement to be taken over by a group of stakeholders, pending court approval. A formal filing was made with the court on Monday to document the agreement. The group intends to manage the intellectual property and maintain studio operations during the transition. The Onion has also named a creative director for its incoming media asset. The transition involves the entity Forrest.com.

Topics

media business

Developing

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Sources · 7 independent

WBUR Boston

“On Monday of this week, he filed with the court that we had come to an agreement. And we hope by a week from now, we'll be fully and formally taking over in Forrest.com.”

WBUR Boston

“The Onion named a creative director for their incoming media asset.”

WBUR Boston

“The Onion named a creative director for their incoming media asset. On Monday of this week, he filed with the court that we had come to an agreement.”

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