VICE Media Files for Bankruptcy to Streamline Sale Process
American-Canadian digital media company VICE Media Group has agreed to sell the company to a consortium of its lenders, including Fortress Investment Group, Soros Fund Management and Monroe Capital, for approximately US$225 million in the form of a credit bid. Upon completion of the sale, the consortium will also take on substantial liabilities associated with the company.
VICE Media Files for Bankruptcy to Streamline Sale Process Read More »
American-Canadian digital media company VICE Media Group has agreed to sell the company to a consortium of its lenders, including Fortress Investment Group, Soros Fund Management and Monroe Capital, for approximately US$225 million in the form of a credit bid. Upon completion of the sale, the consortium will also take on substantial liabilities associated with the company.