Fortress-led group set to buy Vice Media
Edited By WION Video Desk
Published: Jun 22, 2023, 20:15 IST | Updated: Jun 22, 2023, 20:15 IST
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The Vice media's bankruptcy saga is drawing to a close. Media reports suggest that fortress investment group is all set to buy the bankrupt media company. Fortress, Vice's largest secured creditor, is leading the buyer's list. It is followed by Soros fund management and Monroe capital. All three have made a combined bid of 225 million dollar to take over the company. A bankruptcy judge will have to give a final approval to the deal.
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