Vice Media Nears Deal for $400 Million Sale Out of Bankruptcy

Vice Media Nears Deal for $400 Million Sale Out of Bankruptcy

Upworthy

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Vice Media is nearing a deal for senior lenders including Fortress Investment Group and Soros Fund Management to acquire the troubled media company out of bankruptcy at a valuation of around $400 million, according to people familiar with the matter. Nearly every Vice stockholder—including backers…

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