Vice Preps Bankruptcy Filing and $400 Million Sale, Less Than 10% of Its Peak Valuation (Report)

Vice Preps Bankruptcy Filing and $400 Million Sale, Less Than 10% of Its Peak Valuation (Report)

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Struggling media company Vice Media Group is gearing up to file for Chapter 11 bankruptcy protection — and then sell itself to some of its backers for about $400 million, according to a new report. The Brooklyn-based company post-bankruptcy arrangement to sell to investors including Fortress…

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