Vice Media files for bankruptcy, Consortium to take over its assets and liabilities
Edited By WION Video Desk
Published: May 15, 2023, 03:35 IST | Updated: May 15, 2023, 03:35 IST
Vice Media the iconic digital brand known for its websites like Vice news and Motherboard has filed for bankruptcy. Vice media also said that it has agreed to the terms of an asset purchase agreement with a Consortium of its lenders which includes Fortress Investment Group, Soros Fund Management and Monroe Capital.
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