Vice Media Files for Bankruptcy, Announces Sale to Lenders Including Soros and Fortress

Vice Media on Monday morning announced that it has filed for bankruptcy protection. The company has closed a deal with a consortium of its lenders to purchase the company. The announcement confirms reports from earlier this month.  The alternative media company, which once touted a valuation of as much as $5.7 billion, listed assets and … Continue reading Vice Media Files for Bankruptcy, Announces Sale to Lenders Including Soros and Fortress