The punk media startup known for its provocative visual storytelling and explicit voice, will be bought by some of the company's leaders for $225 million and the assumption of significant liabilities.
Vice Media files for Bankruptcy; Latest Digital Media Setback waka.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from waka.com Daily Mail and Mail on Sunday newspapers.
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 […]