ViewThe digital media company Vice, which was once valued at nearly $6 billion, officially filed for Chapter 11 bankruptcy protection Monday.Vice said it has agreed to sell its assets for $225 million to a group of lenders including Fortress Investment Group, Soros Fund Management and Monroe Capital."This accelerated court-supervised sale process will strengthen the Company and position VICE for long-term growth," co-CEOs Bruce Dixon and Hozefa Lokhandwala said in a statement.Vice Media said it...
Trail-blazing youth brand Vice Media has formally filed for Chapter 11 bankruptcy protection. The move, filed at the Bankruptcy Court for the Southern District of New York, is part of a plan to engineer a sale to a group of lenders. As expected, the company’s biggest creditor, Fortress Investment Group, will make up part of […]
Media company Vice filed for Chapter 11 bankruptcy protection on Monday morning to facilitate its sale as a group of lenders including Soros Fund Management stand ready to acquire the troubled outlet.
The brand was established in 1994 as a punk magazine.
VICE Media LLC, a media organization once heralded as a beacon for edgy, youth-oriented content, has filed for Chapter 11 bankruptcy.
The company is looking to sell its assets to Fortress Investment Group, Soros Fund Management and Monroe Capital for $225 million in credit.
By Hanna Ziady, CNN Vice Media filed for Chapter 11 bankruptcy protection Monday to facilitate a sale of the company and safeguard its future, according to court documents and a statement from the struggling media group. The company, which publishes news, technology and lifestyle websites such as Vice, Motherboard and Refinery29, made the filing in
Vice Media filed for Chapter 11 bankruptcy protection Monday to facilitate a sale of the company, according to court documents and a statement from the struggling media group.
Vice Media filed for Chapter 11 bankruptcy protection Monday to facilitate a sale of the company, according to court documents and a statement from the struggling media group.
Vice Media files for Chapter 11 bankruptcy ahead of planned sale found at WISH-TV | Indianapolis News | Indiana Weather | Indiana Traffic (CNN) — Vice Media filed for Chapter 11 bankruptcy protection Monday to facilitate a sale of the company and safeguard its future, according to court documents and a statement from the struggling media group. The company, which publishes news, technology and lifestyle websites such as Vice, Motherboard and Refinery29, made the filing in the Southern District...
Youth skewing digital media group Vice Media has filed for Chapter 11 bankruptcy in the US and agreed the sale of its assets to a consortium of its lenders, which includes Fortress Investment Group, Soros Fund Management and Monroe Capital.
NEW YORK (AP) — Vice Media on Monday filed for Chapter 11 bankruptcy protection, the most recent digital media company to falter after a meteoric rise. A consortium of lenders — Fortress Investment Group, Soros Fund Management and Monroe Capital — is buying Vice for about $225 million, in addition to taking on a significant amount []