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 ยป
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.
