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The Onion, Following Acquisition, Names Former NBC News Reporter Ben Collins CEO – Update


G/O Media has The Onion to four anonymous investors calling themselves "Global Tetrahedron" after one of the humor brand's own gags.

The acquiring company “is made up of four digital media veterans with a profound love for The Onion and comedy based content,” Spanfeller wrote. “The site’s new owners have agreed to keep The Onion’s entire staff intact and in Chicago, something we insisted be part of the deal.” Read his memo in full below. The Onion for over 35 years has been an indispensable part of our country’s cultural fabric with its unique brand of satire and comedy that continues to be just as important and relevant today than at any time during its storied history.

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